California Statutes
§ 99508. — 99508. (Added by Stats. 1977, Ch. 956.)
California·Code PUC Public Utilities Code - PUC·Div. 10. DIVISION 10. TRANSIT DISTRICTS·Part 11. PART 11. PROVISIONS APPLICABLE TO ALL PUBLIC TRANSIT·Ch. 5. CHAPTER 5. Motor Vehicle Fuel Tax
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.
(c)The payment of principal and interest on voter-approved bonds issued for the purposes specified in subdivision (a) or
(b).
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California § 99508. (99508. (Added by Stats. 1977, Ch. 956.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1977, Ch. 956.