Today's Law As Amended

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AB-76 High-speed rail. (2011-2012)



SECTION 1.

 Chapter 20.1 (commencing with Section 2704.30) is added to Division 3 of the Streets and Highways Code, to read:

CHAPTER  20.1. Implementation of the Safe, Reliable High-Speed Passenger Train Bond Act for the 21st Century
2704.30.
 Pursuant to Section 1 of Article XVI of the California Constitution, the amount of indebtedness authorized by Chapter 20 (commencing with Section 2704) is hereby reduced to the amount contracted as of January 1, 2012, notwithstanding anything in that chapter to the contrary.