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SB 3

  • California Senate Bill
  • 2015-2016, 1st Special Session
  • Introduced in Senate Jul 01, 2015
  • Senate
  • Assembly
  • Governor

Transportation bonds: highway, street, and road projects.

Abstract

Existing law, the Safe, Reliable High-Speed Passenger Train Bond Act for the 21st Century, approved by the voters as Proposition 1A at the November 4, 2008, general election, provides for the issuance of general obligation bonds in the amount of $9 billion for high-speed rail purposes and $950 million for other related rail purposes. Article XVI of the California Constitution requires measures authorizing general obligation bonds to specify the single object or work to be funded by the bonds and further requires a bond act to be approved by a 23 vote of each house of the Legislature and a majority of the voters. This bill would provide that no further bonds shall be sold for high-speed rail purposes pursuant to the Safe, Reliable High-Speed Passenger Train Bond Act for the 21st Century, except as specifically provided with respect to an existing appropriation for high-speed rail purposes for early improvement projects in the Phase 1 blended system. The bill, subject to the above exception, would require redirection of the unspent proceeds from outstanding bonds issued and sold for other high-speed rail purposes prior to the effective date of these provisions, upon appropriation, for use in retiring the debt incurred from the issuance and sale of those outstanding bonds. The bill, subject to the above exception, would also require the net proceeds of bonds subsequently issued and sold under the high-speed rail portion of the bond act, upon appropriation, to be made available to the Department of Transportation for repair and new construction projects on state highways and freeways, and for repair and new construction projects on local streets and roads, as specified. The bill would make no changes to the authorization under the bond act for the issuance of $950 million in bonds for rail purposes other than high-speed rail. These provisions would become effective only upon approval by the voters at the June 7, 2016, statewide primary election.

Bill Sponsors (14)

Andy Vidak

  • Republican
Author

Joel Anderson

  • Republican
Coauthor

Patricia C. Bates

  • Republican
  • upper
  • 36
Coauthor

Frank Bigelow

  • Republican
  • lower
  • 5
Coauthor

Runner

Principal Coauthor

Travis Allen

  • Republican
Coauthor

Jones

Coauthor

Salas

Coauthor

David Hadley

  • Republican
Principal Coauthor

Bob Huff

  • Republican
Coauthor

Young O. Kim

  • Republican
Coauthor

Tom Lackey

  • Republican
  • lower
  • 36
Principal Coauthor

Devon J. Mathis

  • Republican
  • lower
  • 26
Coauthor

Scott Wilk

  • Republican
  • upper
  • 21
Principal Coauthor

Votes


Actions


Sep 14, 2015

Senate

Returned to Secretary of Senate pursuant to Joint Rule 62(a).

Aug 19, 2015

Senate

August 19 set for first hearing. Failed passage in committee. (Ayes 3. Noes 9. Page 36.)

Aug 17, 2015

Senate

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

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

Aug 06, 2015

Senate

Set for hearing August 19.

Jul 02, 2015

Senate

From printer.

Jul 01, 2015

Senate

Introduced. Read first time. Referred to Com. on T. & I.D.

  • Introduction
  • Referral-Committee
  • Reading-1
Com. on T. & I.D.

Senate

To print.

Bill Text

Bill Text Versions Format
SB3 HTML
07/01/15 - Introduced PDF
08/17/15 - Amended Senate PDF

Related Documents

Document Format
No related documents.

Sources

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