Section 8509 Of Chapter 12. Metropolitan Transportation Commission From California Revenue And Taxation Code >> Division 2. >> Part 2. >> Chapter 12.
8509
. The net revenues received by the commission shall be expended
only in accordance with the regional transportation expenditure plan
adopted pursuant to Section 8503, except that the commission may
deduct from those revenues funds to reimburse it for expenses
incurred in the initial implementation of this chapter, and
thereafter, its cost of administration, not to exceed 1 percent of
annual net revenues.