SB 903

  • California Senate Bill
  • 2013-2014 Regular Session
  • Introduced in Senate Jan 16, 2014
  • Senate
  • Assembly
  • Governor

High-speed rail: property tax revenues.


(1) Existing law creates the High-Speed Rail Authority with specified powers and duties relating to the development and implementation of an intercity high-speed train system, including the power to acquire rights-of-way through purchase or eminent domain. Existing law, the Safe, Reliable High-Speed Passenger Train Bond Act for the 21st Century, authorizes $9.95 billion in general obligation bonds for high-speed rail development and other purposes, creates the High-Speed Passenger Train Bond Fund, and requires that moneys in the fund be made available to the authority for expenditures, among other things, related to the acquisition of interests in real property and rights-of-way and the development and construction of the high-speed rail system. This bill would require the authority, with regard to real property acquired by it and from moneys available for expenditure by it from the fund, to annually pay to the county in which the real property is located an amount equal to the property tax equivalent, as defined. (2) This bill would declare that it is to take effect immediately as an urgency statute.

Bill Sponsors (6)



Nov 30, 2014


From committee without further action.

Apr 22, 2014


Set, first hearing. Failed passage in committee. (Ayes 1. Noes 7. Page 3236.) Reconsideration granted.

Apr 07, 2014


From committee with author's amendments. Read second time and amended. Re-referred to Com. on T. & H.

  • Committee-Passage
  • Amendment-Passage
  • Reading-2
  • Reading-1
  • Referral-Committee
Com. on T. & H.

Apr 03, 2014


Set for hearing April 22.

Feb 06, 2014


Referred to Com. on T. & H.

  • Referral-Committee
Com. on T. & H.

Jan 17, 2014


From printer. May be acted upon on or after February 16.

Jan 16, 2014


Introduced. Read first time. To Com. on RLS. for assignment. To print.

Bill Text

Bill Text Versions Format
01/16/14 - Introduced PDF
04/07/14 - Amended Senate PDF

Related Documents

Document Format
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