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AB-1123 State projects: risk analysis.(2011-2012)

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CALIFORNIA LEGISLATURE— 2011–2012 REGULAR SESSION

Assembly Bill
No. 1123


Introduced  by  Assembly Member Harkey

February 18, 2011


An act to relating to state projects.


LEGISLATIVE COUNSEL'S DIGEST


AB 1123, as introduced, Harkey. State projects: risk analysis.
Existing law provides for the funding, operation, and administration of state projects relating to varied state and local activities.
This bill would declare the intent of the Legislature to enact legislation requiring that a risk analysis be undertaken for any state-funded project costing $500,000,000 or more.
Vote: MAJORITY   Appropriation: NO   Fiscal Committee: NO   Local Program: NO  

The people of the State of California do enact as follows:


SECTION 1.

 It is the intent of the Legislature to enact legislation that requires a risk analysis to be undertaken for any state-funded project costing five hundred million dollars ($500,000,000) or more.