Statute · California Streets and Highways Code
Cal. Sts. & High. Code § 31020 — Seismic Retrofit Surcharge
Cal. Sts. & High. Code § 31020
- Type
- Statute
- Source
- California Streets and Highways Code
- Jurisdiction
- California
- Date
- 2005-07-18
- Current through
- Nov 2, 2026 (California Legislative Counsel)
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…
Citator
Cal. Sts. & High. Code § 31020 — Seismic Retrofit Surcharge is in force in the current edition of the Code, and nothing recorded condemns it.
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.