Today's Law As Amended

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SB-264 High-occupancy toll lanes: Interstate 405 Improvement Project high-occupancy toll lanes.(2017-2018)



SECTION 1.

 Section 149.13 is added to the Streets and Highways Code, to read:

149.13.
 (a) Notwithstanding Section 149.7, Section 14106 of the Government Code, or any other law, this section applies to the Interstate 405 Improvement Project high-occupancy toll lanes in the project corridor between State Highway Route 73 and Interstate 605.
(b) Net excess toll revenue shall be allocated as follows:
(1) Twenty percent to the Orange County Transportation Authority.
(2) Seventy percent to be equally distributed to the project corridor jurisdictions along the project corridor.
(3) Ten percent to be equally distributed to project corridor jurisdictions not along the project corridor.
(c) (1) Moneys received under subdivision (b) shall be expended only to enhance traffic flow, reduce traffic congestion, and to mitigate road wear to streets within three miles of the Interstate 405 Improvement Project high-occupancy toll lanes in the project corridor between State Highway Route 73 and Interstate 605. Eligible expenditures are limited to capital improvements, operational improvements, and maintenance to on-ramps, off-ramps, connector roads, roadways, bridges, or other structures that are related to the tolled or nontolled facilities within three miles of Interstate 405 Improvement Project high-occupancy toll lanes in the project corridor between State Highway Route 73 and Interstate 605.
(2) (A) Subject to paragraph (1), the Orange County Transportation Authority may use its share of excess toll revenues under subdivision (b) as it desires for transportation needs.
(B) Subject to paragraph (1), a project corridor jurisdiction may use its share of excess toll revenues under subdivision (b) as it desires for transportation needs in its jurisdiction.
(d) For purposes of this section the following terms have the following meanings:
(1) “Net excess toll revenue” means all revenues available for transportation improvements after debt service and debt service coverage ratios are met and operating and major maintenance reserves are fully funded.
(2) “Project corridor” means the approximately 16-mile-long project corridor in the County of Orange on Interstate 405 and that traverses the Cities of Costa Mesa, Fountain Valley, Huntington Beach, Westminster, and Seal Beach.
(3) “Project corridor jurisdictions along the project corridor” means the Cities of Costa Mesa, Fountain Valley, Huntington Beach, Westminster, and Seal Beach.
(4) “Project corridor jurisdictions not along the project corridor” means project corridor jurisdictions within three miles, north or south, from the Interstate 405 high-occupancy toll lanes between State Highway Route 73 and Interstate 605, limited to the Cities of Santa Ana, Garden Grove, Stanton, and Los Alamitos and the County of Orange.