Gov. Code, § 14553 · Article 3. Selection of Projects
Gov. Code, § 14553
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
(a) The commission may from time to time select and designate eligible projects to be funded from the proceeds of notes, if financing of the project from the proceeds of notes has been approved by the Federal Highway Administration and the regional transportation planning agency, and the project has completed environmental clearance and project design.
(b) When the department anticipates the issuance of new notes and, in conjunction with the commission, makes a written request in that regard, but not more than once annually, the commission, in conjunction with the Treasurer’s office, shall prepare an analysis of the bonding capacity of federal transportation funds deposited in the State Highway Account in the State Transportation Fund.
Notes and commentary — not statutory text
History
Amended by Stats. 2016, Ch. 208, Sec. 5. (AB 2906) Effective January 1, 2017.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=14553.
- Text hash
- sha256 8a210e396ac6cc730d30979c18eaafcc06a34cafbc8393b8f0d222453e167c40
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.