Sts. & Hy. Code, § 2704.79 · Chapter 20.5. Implementation of the Safe, Reliable High-Speed Passenger Train Bond Act for the 21st Century

Sts. & Hy. Code, § 2704.79

Verbatim from the official edition

Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)

Pursuant to the authorization set forth in subdivision (h) of Section 2704.08, not more than 5 percent of the proceeds of bonds described in paragraph (1) of subdivision (b) of Section 2704.04 shall be used for administrative purposes.

Notes and commentary — not statutory text

History

Added by Stats. 2024, Ch. 53, Sec. 14. (AB 173) Effective July 2, 2024.

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=SHC&sectionNum=2704.79.
Text hash: sha256 afd7ae78d7bb151aa796beddf5d668ad6e51629ee1ce1f687d19fb73bf6a2067
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

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