Section 99684 Of Chapter 5. Conditions From California Public Utilities Code >> Division 10. >> Part 11.5. >> Chapter 5.
99684
. (a) All funds allocated to an agency pursuant to this part
shall be programmed, encumbered, obligated, or spent prior to July 1,
2000, unless economically infeasible. If funds allocated to an
agency pursuant to this part are not expended or encumbered prior to
July 1, 2000, the Legislature may, by a statute passed in each house
by a two-thirds vote, reallocate those funds for another rail project
within that agency's jurisdiction.
(b) If any of the funds are not expended or encumbered prior to
July 1, 2010, the Legislature may, in the same manner, reallocate the
funds for any other passenger rail project in the state.
(c) In the case of funds allocated to the department, the
reallocation shall be for a state-sponsored passenger rail project.
(d) The Legislature may, by statute passed in each house by
majority vote, or in the annual Budget Bill, require the commission
to award any grant specified in Chapter 3 (commencing with Section
99620) which the commission has denied.