California § 31020. 31020. (Repealed and added by Stats. 2005, Ch. 71, Sec. 18.)

California Statutes

§ 31020. — 31020. (Repealed and added by Stats. 2005, Ch. 71, Sec. 18.)

California § 31020.

Code SHCStreets and Highways Code - SHC

Div. 17.DIVISION 17. TOLL FACILITIES AND RELATED MATTERS

Ch. 4.5.CHAPTER 4.5. Seismic Retrofit Surcharge

This text of California § 31020. (31020. (Repealed and added by Stats. 2005, Ch. 71, Sec. 18.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Streets and Highways Code - SHC Code § 31020. (2026).

Text

Notwithstanding Section 30953, as amended by the act adding this section in the 2005–06 Regular Session, revenue generated from the seismic retrofit surcharge imposed pursuant to subdivision (a) of Section 31010 shall be deposited in the account until obligations secured by that seismic retrofit surcharge and issued by the California Infrastructure and Economic Development Bank under Chapter 4.6 (commencing with Section 31070) are no longer outstanding as that term is defined in the constituent instruments defining the rights of the holders of those obligations. After obligations of the bank secured by toll funds are no longer outstanding, all toll revenues generated from bridges in the geographic jurisdiction of the Metropolitan Transportation Commission shall be deposited in the Bay Area

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Notwithstanding Section 30953, as amended by the act adding this section in the 2005–06 Regular Session, revenue generated from the seismic retrofit surcharge imposed pursuant to subdivision (a) of Section 31010 shall be deposited in the account until obligations secured by that seismic retrofit surcharge and issued by the California Infrastructure and Economic Development Bank under Chapter 4.6 (commencing with Section 31070) are no longer outstanding as that term is defined in the constituent instruments defining the rights of the holders of those obligations. After obligations of the bank secured by toll funds are no longer outstanding, all toll revenues generated from bridges in the geographic jurisdiction of the Metropolitan Transportation Commission shall be deposited in the Bay Area Toll Account.

Legislative History

Repealed and added by Stats. 2005, Ch. 71, Sec. 18. Effective July 18, 2005.

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California § 31020., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/SHC/31020..