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SB-1351 Transportation improvement fee: revenue bonds.(2019-2020)

Senate
Assembly
Int
1st
Cmt
2nd
Pass
1st
Cmt
2nd
3rd
Pass
Pass
Veto
Senate
Assembly
Int
1st
Cmt
2nd
Pass
1st
Cmt
2nd
3rd
Pass
Pass
Veto

Bill Status
SB-1351
Beall (S)
Frazier (A)
-
Transportation improvement fee: revenue bonds.
03/25/20
An act to add Chapter 6 (commencing with Section 14470) to Part 5 of Division 3 of Title 2 of the Government Code, and to amend Sections 2031 and 2032 of the Streets and Highways Code, relating to transportation, and making an appropriation therefor.
Senate
09/04/20
08/25/20

Type of Measure
Active Bill - In Floor Process
Majority Vote Required
Appropriation
Fiscal Committee
Non-State-Mandated Local Program
Non-Urgency
Non-Tax levy
Last 5 History Actions
Date Action
11/30/20 Last day to consider Governor's veto pursuant to Joint Rule 58.5.
09/28/20 In Senate. Consideration of Governor's veto pending.
09/28/20 Vetoed by the Governor.
09/10/20 Enrolled and presented to the Governor at 3 p.m.
08/31/20 Assembly amendments concurred in. (Ayes 28. Noes 10. Page 4582.) Ordered to engrossing and enrolling.
Governor's Message
To the Members of the California State Senate:

I am returning Senate Bill 1351 without my signature.

This bill would allow the issuance of up to $5 billion of revenue bonds, backed by revenue from Senate Bill 1 (Beall), Chapter 5, Statutes of 2017, to accelerate transportation projects in the State Highway Operation and Protection Program.
While I appreciate the Legislature's intent, the California Department of Transportation (Caltrans) has already significantly increased the number of projects going to construction through project savings and other administrative actions and does not need this tool to accelerate transportation maintenance projects.

Bonding against these future revenues runs counter to the pay-as-you-go principle established by Senate Bill 1 and risks locking California into long-term debt obligations to finance maintenance repairs. Caltrans will need these revenues in the future to keep our roads and bridges safe.

Sincerely,





Gavin Newsom