Cal. Gov. Code § 63048.65

Current through the 2024 Legislative Session.
Section 63048.65 - Repayment of loans from the Traffic Congestion Relief Fund
(a) Prior to July 1, 2015, three hundred twenty-one million dollars ($321,000,000) of the one billion two hundred million dollars ($1,200,000,000) of loans from the Traffic Congestion Relief Fund to the General Fund was repaid using tribal gaming compact revenues. In 2016, an additional one hundred seventy-three million dollars ($173,000,000) was repaid from the General Fund.
(b) The remaining seven hundred six million dollars ($706,000,000) of loans from the Traffic Congestion Relief Fund to the General Fund shall be repaid pursuant to Section 14556.8.

Ca. Gov. Code § 63048.65

Added by Stats 2017 ch 5 (SB 1),s 11, eff. 4/28/2017.