California Public Resources Code

§ 5080.40

PRC § 5080.40 Effective Jan 1, 2017Div. 5 · Ch. 1.2 · Art. 2

Statute text

(a)No operating lease or agreement shall be entered into, or amended, pursuant to this article unless at least 30 days’ written notice and a copy of the proposed operating lease or agreement, or amendment, has been provided by the director to the Joint Legislative Budget Committee.

(b)The director shall include with the proposed lease or agreement or amendment sufficient documentation to enable the Joint Legislative Budget Committee to evaluate fully the estimated operating costs and revenues and all terms upon which the lease or agreement or amendment is proposed to be entered into. Specifically, the documentation shall identify both of the following:

(1)Any anticipated costs to the state for operation or development under the lease or agreement or amendment and the anticipated state share of total operation and development costs.

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Legislative history

Amended by Stats. 2016, Ch. 540, Sec. 4. (SB 1111) Effective January 1, 2017.