California Public Utilities Code 99601 – The people of California find and declare all of the …
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The people of California find and declare all of the following:
(a) Rail transportation results in cleaner air, less energy use, more transportation opportunities for those who cannot drive, and less crowding on already overcrowded streets and highways.
Terms Used In California Public Utilities Code 99601
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- State: means the State of California, unless applied to the different parts of the United States. See California Public Utilities Code 17
(b) For these reasons, it is appropriate to use state general obligation bonds to finance rail infrastructure.
(c) This part will result in implementation of part of an overall transportation plan which will provide cleaner air and better transportation options for all Californians.
(Added June 5, 1990, by initiative Proposition 116.)