California Public Utilities Code

§ 99508

PUC § 99508Div. 10 · Part 11 · Ch. 5

Statute text

The net revenues received by a taxing entity shall be expended only for the following:

(a)The planning, construction, and maintenance of, and the acquisition of rights-of-way for, exclusive public mass transit guideways and exclusive bus lanes and related fixed facilities to such guideways and bus lanes.

(b)The purchase of transit vehicles.

…

Legislative history

Added by Stats. 1977, Ch. 956.