Today's Law As Amended


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AB-522 Transportation: bond funds.(2009-2010)



As Amends the Law Today


SECTION 1.

 Section 8879.501 is added to the Government Code, to read:

8879.501.
 To the extent that any funds from any federal economic recovery legislation enacted in 2009 are used to fund any project to which bond funds were previously committed under Section 8879.23 or this chapter, with the effect of displacing the need for those bond funds on the project, the Commission shall ensure that the sponsoring agency of that project is entitled to use the same amount of bond funds on another qualifying project within its jurisdiction.