Revenues transferred to the Public Transportation Account pursuant to subdivision (a) of § 11053 of the Revenue and Taxation Code for the Transit and Intercity Rail Capital Program (Part 2 (commencing with Section 75220) of Division 44 of the Public Resources Code) shall be available for appropriation to that program pursuant to the annual Budget Act.

(Added by Stats. 2017, Ch. 5, Sec. 21. (SB 1) Effective April 28, 2017.)

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Terms Used In California Public Utilities Code 99312.4

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization