California Public Utilities Code

§ 185045

PUC § 185045 Effective Jan 1, 2014Div. 19.5 · Ch. 4

Statute text

The High-Speed Rail Property Fund is hereby created in the State Treasury for the deposit of revenue received from the sale, lease, or grant of any interest in or use of real property owned or managed by the High-Speed Rail Authority. Revenues in the fund shall be available to the authority, upon appropriation by the Legislature, for use in the development, improvement, and maintenance of the high-speed rail system, consistent with appropriate uses for each funding source.

Legislative history

Added by Stats. 2013, Ch. 132, Sec. 8. (AB 481) Effective January 1, 2014.