reglab/housing_qa huggingface dataset:
CA Govt Code § 14553.8 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 3 - EXECUTIVE DEPARTMENT|PART 5.3 - CALIFORNIA TRANSPORTATION COMMISSION|CHAPTER 4 - Federal Highway Grant Anticipation Notes|ARTICLE 3 - Selection of Projects|Section 14553.8.

14553.8.  Before notes are issued under this chapter, the commission, in cooperation with the department and the Department of Finance, shall consider and determine the appropriateness of the mechanism authorized by this chapter in comparison to other funding mechanisms, including, but not limited to, pay-as-you-go, federal advance construction, federal incremental advance construction, or other funding methods authorized under federal law to achieve maximum efficiency from the state’s federal allocation of transportation funds.(Amended by Stats. 2002, Ch. 438, Sec. 5. Effective January 1, 2003.)
CA Govt Code § 14553.9 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 3 - EXECUTIVE DEPARTMENT|PART 5.3 - CALIFORNIA TRANSPORTATION COMMISSION|CHAPTER 4 - Federal Highway Grant Anticipation Notes|ARTICLE 3 - Selection of Projects|Section 14553.9.

14553.9.  (a) Upon taking the actions authorized under this article, the commission may request the Treasurer to issue notes to provide funds for the eligible projects.(b) On or before April 1 of each year, the commission shall prepare and submit an annual report regarding the preceding calendar year to the Governor and the Legislature. Each report shall compile and detail the total amount of outstanding debt issued pursuant to this chapter and the projects funded by that outstanding debt.(Amended by Stats. 2016, Ch. 208, Sec. 6. (AB 2906) Effective January 1, 2017.)
CA Govt Code § 14553.10 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 3 - EXECUTIVE DEPARTMENT|PART 5.3 - CALIFORNIA TRANSPORTATION COMMISSION|CHAPTER 4 - Federal Highway Grant Anticipation Notes|ARTICLE 3 - Selection of Projects|Section 14553.10.

14553.10.  On or before October 1 of each year, the commission shall report to the Governor, the Department of Finance, the Legislative Analyst, and the Chairs of the transportation committees in the Assembly and Senate on the amount of notes that the commission intends to issue for the subsequent fiscal year.(Added by Stats. 2004, Ch. 212, Sec. 1. Effective August 11, 2004.)
CA Govt Code § 14554 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 3 - EXECUTIVE DEPARTMENT|PART 5.3 - CALIFORNIA TRANSPORTATION COMMISSION|CHAPTER 4 - Federal Highway Grant Anticipation Notes|ARTICLE 4 - Issuance of Notes|Section 14554.

14554.  (a) In order to provide for the financing of selected projects, the Treasurer may issue tax-exempt or taxable notes under this article. Proceeds of the sale of those notes shall be deposited in the Transportation Financing Subaccount, which is hereby created as a special trust fund in the State Highway Account in the State Transportation Fund. The funds in the subaccount shall be available for use as directed by the commission and administered by the department and to pay costs associated with the issuance or further security of the notes or for capitalized interest of up to 12 months.(b) Any issue of notes may be secured and made more attractive to capital markets through financial instruments, including, but not limited to, the following:(1) Credit enhancements, including, but not limited to, letters of credit, bond insurance, and surety bonds provided by private sector financial institutions.(2) Insurance and guarantees provided by any other agency of the state.(Added by Stats. 1999, Ch. 862, Sec. 3. Effective January 1, 2000.)
CA Govt Code § 14554.2 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 3 - EXECUTIVE DEPARTMENT|PART 5.3 - CALIFORNIA TRANSPORTATION COMMISSION|CHAPTER 4 - Federal Highway Grant Anticipation Notes|ARTICLE 4 - Issuance of Notes|Section 14554.2.

14554.2.  The Treasurer shall issue notes from time to time pursuant to a resolution from the commission. Those pledges shall be governed under Chapter 5.5 (commencing with Section 5450) of Division 6 of Title 1 of the Government Code. The resolution may contain any of the following provisions, which shall be a part of the contract with the holders of the notes to be authorized:(a) Provisions pledging receipt of future federal transportation funds to secure the payment of the notes or of any particular issue of notes, subject to those agreements with noteholders as may then exist, and pledging moneys held in funds and accounts pursuant to the note issue, or the earnings thereon. The Treasurer may authorize classes of notes having different priority in the receipt of available federal transportation funds.(b) Provisions for the investment of proceeds of the notes or of the moneys received by the Treasurer for repayment of the notes.(c) Provisions setting aside reserves or sinking funds, and the regulation and disposition thereof.(d) Limitations on the issuance of additional notes, the terms upon which additional notes may be issued and secured, and the refunding of outstanding notes.(e) The procedure, if any, by which the terms of any contract with noteholders may be amended or abrogated, the amount of notes and the holders thereof that are required to give consent thereto, and the manner in which the consent may be given.(f) Definitions of acts or omissions to act that constitute a default in the duties of the state to holders of the notes, and provisions on the rights and remedies of the holders in the event of a default.(Added by Stats. 1999, Ch. 862, Sec. 3. Effective January 1, 2000.)
CA Govt Code § 14554.4 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 3 - EXECUTIVE DEPARTMENT|PART 5.3 - CALIFORNIA TRANSPORTATION COMMISSION|CHAPTER 4 - Federal Highway Grant Anticipation Notes|ARTICLE 4 - Issuance of Notes|Section 14554.4.

14554.4.  Any notes issued under this chapter may be secured by a trust agreement, indenture, or resolution by and between the commission and a trustee. The trustee may be the Treasurer or a bank or trust company chartered under the laws of this state or of the United States and designated by the Treasurer. The Treasurer may act under the note resolution as the fiscal agent for the notes.(Added by Stats. 1999, Ch. 862, Sec. 3. Effective January 1, 2000.)
CA Govt Code § 14554.6 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 3 - EXECUTIVE DEPARTMENT|PART 5.3 - CALIFORNIA TRANSPORTATION COMMISSION|CHAPTER 4 - Federal Highway Grant Anticipation Notes|ARTICLE 4 - Issuance of Notes|Section 14554.6.

14554.6.  The notes shall be authorized by resolution or resolutions of the Treasurer, shall be in the form, shall bear the date or dates, and shall mature at the time or times, as the resolution or resolutions may provide, except that no note may mature more than 30 years from the date of its issue. The fixed or variable notes shall bear interest at the rate or rates, be in the denominations, be in the form, be executed in the manner, be payable in the medium of payment at the place or places within or without the state, be subject to the terms of redemption and contain the terms and conditions, that the resolution or resolutions may provide. The notes shall be sold at public or private sale by the Treasurer at, above, or below the par value, on the terms and conditions and for the consideration that the Treasurer shall determine.(Added by Stats. 1999, Ch. 862, Sec. 3. Effective January 1, 2000.)
CA Govt Code § 14554.8 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 3 - EXECUTIVE DEPARTMENT|PART 5.3 - CALIFORNIA TRANSPORTATION COMMISSION|CHAPTER 4 - Federal Highway Grant Anticipation Notes|ARTICLE 4 - Issuance of Notes|Section 14554.8.

14554.8.  (a) Notwithstanding Section 13340 of the Government Code or any other provision of law, the amounts deposited in the State Highway Account in the State Transportation Fund from federal transportation funds, and pledged by the commission under this chapter, are hereby continuously appropriated, without regard to fiscal years, to the Treasurer for the purposes of, and in accordance with, this chapter.(b) Funds that are subject to Section 1 or 2 of Article XIX of the California Constitution may be used as the state or local principal match for any project that is eligible for federal matching funds and is funded pursuant to this chapter.(Amended by Stats. 2004, Ch. 793, Sec. 3. Effective January 1, 2005.)
CA Govt Code § 14555 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 3 - EXECUTIVE DEPARTMENT|PART 5.3 - CALIFORNIA TRANSPORTATION COMMISSION|CHAPTER 4 - Federal Highway Grant Anticipation Notes|ARTICLE 4 - Issuance of Notes|Section 14555.

14555.  Upon request of the commission, the Treasurer may issue refunding notes to refund any outstanding notes, and to pay costs associated with that refunding.(Added by Stats. 1999, Ch. 862, Sec. 3. Effective January 1, 2000.)
CA Govt Code § 14555.2 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 3 - EXECUTIVE DEPARTMENT|PART 5.3 - CALIFORNIA TRANSPORTATION COMMISSION|CHAPTER 4 - Federal Highway Grant Anticipation Notes|ARTICLE 4 - Issuance of Notes|Section 14555.2.

14555.2.  Whenever the Treasurer deems that it will increase the salability or the price of the notes to obtain, prior to or after sale, a legal opinion, other than that of the Attorney General, as to the validity or tax-exempt nature of the notes, the Treasurer may obtain that legal opinion. Payment for those legal services shall be made from the proceeds of the sale of the notes.(Added by Stats. 1999, Ch. 862, Sec. 3. Effective January 1, 2000.)
CA Govt Code § 14555.4 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 3 - EXECUTIVE DEPARTMENT|PART 5.3 - CALIFORNIA TRANSPORTATION COMMISSION|CHAPTER 4 - Federal Highway Grant Anticipation Notes|ARTICLE 4 - Issuance of Notes|Section 14555.4.

14555.4.  The Treasurer may employ financial, engineering, or transportation consultants or advisers, underwriters, and accountants as may be necessary in his or her judgment in connection with the issuance and sale of any notes of the Treasurer. Payment for these services may be made out of the proceeds of the sale of the notes.(Added by Stats. 1999, Ch. 862, Sec. 3. Effective January 1, 2000.)
CA Govt Code § 14555.6 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 3 - EXECUTIVE DEPARTMENT|PART 5.3 - CALIFORNIA TRANSPORTATION COMMISSION|CHAPTER 4 - Federal Highway Grant Anticipation Notes|ARTICLE 4 - Issuance of Notes|Section 14555.6.

14555.6.  Section 10295 of the Public Contract Code and Article 4 (commencing with Section 10335) of, and Article 5 (commencing with Section 10355) of, Chapter 2 of Part 2 of Division 2 of the Public Contract Code do not apply to agreements entered into by the Treasurer pursuant to the sale of notes authorized under this chapter.(Added by Stats. 1999, Ch. 862, Sec. 3. Effective January 1, 2000.)
CA Govt Code § 14555.8 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 3 - EXECUTIVE DEPARTMENT|PART 5.3 - CALIFORNIA TRANSPORTATION COMMISSION|CHAPTER 4 - Federal Highway Grant Anticipation Notes|ARTICLE 4 - Issuance of Notes|Section 14555.8.

14555.8.  Notes issued under this chapter are a legal investment for any state special or trust fund notwithstanding any provision of law limiting the investments that may be made by the special or trust fund. The notes shall be legal investments in which all public officers and public bodies of the state, its political subdivisions, all municipalities and municipal subdivisions, all insurance companies and associations and other persons carrying on an insurance business, all banks, savings and loan associations, savings banks and savings associations, investment companies, all administrators, guardians, executors, trustees and other fiduciaries, and all other persons authorized to invest in notes or in other obligations of the state, may properly and legally invest funds, including capital, in their control or belonging to them. The notes may be used as security for public deposits. The notes are also securities that may properly and legally be deposited with and received by all public officers and bodies of state or any agency or political subdivision of the state and all municipalities and public corporations for any purpose for which the deposit of notes or other obligations of the state is authorized by law, including deposits to secured public funds.(Added by Stats. 1999, Ch. 862, Sec. 3. Effective January 1, 2000.)
CA Govt Code § 14555.9 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 3 - EXECUTIVE DEPARTMENT|PART 5.3 - CALIFORNIA TRANSPORTATION COMMISSION|CHAPTER 4 - Federal Highway Grant Anticipation Notes|ARTICLE 4 - Issuance of Notes|Section 14555.9.

14555.9.  Notes issued under the provisions of this chapter may not be deemed to constitute a debt or liability of the state or of any political subdivision thereof, or a pledge of the full faith and credit of the state or of any political subdivision thereof, but shall be payable solely from the funds and revenues pledged therefor. All the notes shall contain on their face a statement to the effect that the State of California shall not be obligated to pay the principal, or the interest on the notes, except from the revenues received by the Treasurer as shall be provided by the documents governing the revenue note issuance, and that neither the faith and credit nor the taxing power of the State of California or of any of its political subdivisions is pledged to the payment of the principal or interest on the notes. The issuance of notes under this part shall not directly or indirectly or contingently obligate the state or any of its political subdivisions to levy or to pledge any form of taxation whatever or to make any appropriation for their payment.(Added by Stats. 1999, Ch. 862, Sec. 3. Effective January 1, 2000.)
CA Govt Code § 14556 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 3 - EXECUTIVE DEPARTMENT|PART 5.3 - CALIFORNIA TRANSPORTATION COMMISSION|CHAPTER 4.5 - The Traffic Congestion Relief Act of 2000|ARTICLE 1 - General Provisions|Section 14556.

14556.  This chapter shall be known and may be cited as the Traffic Congestion Relief Act of 2000.(Added by Stats. 2000, Ch. 91, Sec. 6. Effective July 7, 2000.)
CA Govt Code § 14556.1 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 3 - EXECUTIVE DEPARTMENT|PART 5.3 - CALIFORNIA TRANSPORTATION COMMISSION|CHAPTER 4.5 - The Traffic Congestion Relief Act of 2000|ARTICLE 1 - General Provisions|Section 14556.1.

14556.1.  For purposes of this chapter, the following terms shall have the following meanings, unless expressly stated otherwise:(a) “Commission” is the California Transportation Commission.(b) “Department” is the Department of Transportation.(c) “Fund” or “TCRF” is the Traffic Congestion Relief Fund created under this chapter.(d) “Program” is the Traffic Congestion Relief Program established under this chapter.(Amended by Stats. 2001, Ch. 113, Sec. 3. Effective July 30, 2001.)
CA Govt Code § 14556.3 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 3 - EXECUTIVE DEPARTMENT|PART 5.3 - CALIFORNIA TRANSPORTATION COMMISSION|CHAPTER 4.5 - The Traffic Congestion Relief Act of 2000|ARTICLE 1 - General Provisions|Section 14556.3.

14556.3.  The Legislature finds and declares that it is in the interest of the State of California to immediately take steps to relieve congestion on the state’s transportation systems and finds and declares the following:(a) California’s population has grown by more than 50 percent over the past 20 years while highway capacity has increased only 7 percent.(b) Between 1987 and 1995, the number of California drivers who sit idle in traffic congestion has grown 70 percent, and California drivers now sit idle in traffic congestion more than 300,000 hours per day.(c) It is estimated that traffic congestion in California now costs the state’s businesses more than two million eight hundred thousand dollars ($2,800,000) per day in lost time and resources.(d) Local streets and roads in California suffer from an estimated ten billion two hundred million dollars ($10,200,000,000) backlog of deferred maintenance. The magnitude of this backlog is estimated to increase by four hundred million dollars ($400,000,000) each year.(e) The Public Transportation Account in the State Transportation Fund, which provides funds for transit operations and intercity rail service in California, is estimated to have a four-year deficit of fifty-three million dollars ($53,000,000), increasing to a six-year deficit of one hundred fifty-eight million dollars ($158,000,000).(f) The state’s population is expected to exceed 45,000,000 persons by the year 2020, imposing additional demand on the transportation system.(g) Significant benefits will be obtained by completing major improvements earlier, accelerating development of new improvements, and improving the connectivity of the various transportation modes within the state’s transportation system.(h) Therefore, it is appropriate to create a Traffic Congestion Relief Fund to finance congestion relief improvements, to dedicate the sales tax on gasoline to transportation purposes, and to create a Transportation Investment Fund to finance improvements to neighborhood streets and roads, to provide funding for transit operations and intercity rail, and to supplement the Traffic Congestion Relief Fund.(Added by Stats. 2000, Ch. 91, Sec. 6. Effective July 7, 2000.)
CA Govt Code § 14556.5 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 3 - EXECUTIVE DEPARTMENT|PART 5.3 - CALIFORNIA TRANSPORTATION COMMISSION|CHAPTER 4.5 - The Traffic Congestion Relief Act of 2000|ARTICLE 2 - Traffic Congestion Relief Fund|Section 14556.5.

14556.5.  (a) The Traffic Congestion Relief Fund is hereby created in the State Treasury. The fund shall include deposits of funds provided in the annual Budget Act, provided from the Transportation Investment Fund established under Section 7104 of the Revenue and Taxation Code, or provided under any other statute. Notwithstanding Section 13340, the money in the fund is hereby continuously appropriated to the department, without regard to fiscal years, as follows:(1) For allocation by the department, as directed by the commission pursuant to Section 14556.20, to the department and other regional and local transportation entities for the projects listed in Article 5 (commencing with Section 14556.40).(2) For allocation by the commission to the funding exchange program authorized by Section 182.8 of the Streets and Highways Code.(b) (1) Notwithstanding any other provision of law, upon order of the Department of Finance, all or some of the state agencies collecting revenue for, or spending from, the Traffic Congestion Relief Fund shall adjust budgeting, accounting, and reporting systems and documents so that unliquidated encumbrances, payables, and other accruals are not reflected in the fund balance in the Governor’s Budget fund condition display or the fund balance in the financial statements submitted to the Controller for the Budgetary/Legal Basis Annual Report.(2) For the purposes of the Governor’s Budget, the balance of cash advanced from the Traffic Congestion Relief Fund to the Transportation Revolving Account, as jointly determined by the Department of Finance and the state agencies referenced in paragraph (1), shall be deemed as resources and cash available to the Traffic Congestion Relief Fund for budgeting purposes.(3) This method shall be effective with the 2013–14 Governor’s Budget development process and may be applied to the 2011–12 data.(Amended by Stats. 2013, Ch. 35, Sec. 2. (SB 85) Effective June 27, 2013.)
CA Govt Code § 14556.6 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 3 - EXECUTIVE DEPARTMENT|PART 5.3 - CALIFORNIA TRANSPORTATION COMMISSION|CHAPTER 4.5 - The Traffic Congestion Relief Act of 2000|ARTICLE 2 - Traffic Congestion Relief Fund|Section 14556.6.

14556.6.  The purpose of this article is to relieve traffic congestion, provide additional funding for local street and road deferred maintenance, and provide additional transportation capacity in high growth areas of the state. The Traffic Congestion Relief Fund is intended to contribute five billion three hundred thirteen million nine hundred thousand dollars ($5,313,900,000), above the traditional transportation funding provided by the state, towards the funding of projects listed in Article 5 (commencing with Section 14556.40) and the deferred maintenance program authorized in Section 2182 of the Streets and Highways Code. This funding commitment is intended to be combined with other state, local, federal, and private funds to complete and operate the transportation improvements identified in Article 5 (commencing with Section 14556.40). Funds needed to meet the contribution commitment described in this section are intended to be provided as follows:(a) The sum of one billion five hundred million dollars ($1,500,000,000) from the General Fund, as appropriated by Section 20 of Chapter 91 of the Statutes of 2000, to the fund.(b) The sum of five hundred million dollars ($500,000,000) from the transfer of the sales and use tax on motor vehicle fuel during the 2000–01 fiscal year, as required under Section 7102 of the Revenue and Taxation Code, as amended by Section 10 of Chapter 91 of the Statutes of 2000.(c) The sum of six hundred seventy-eight million dollars ($678,000,000) is intended to be provided in each of four successive fiscal years, commencing with the 2003–04 fiscal year, plus the sum of six hundred one million nine hundred thousand dollars ($601,900,000) in the 2007–08 fiscal year, from the Transportation Investment Fund.(Amended by Stats. 2001, Ch. 113, Sec. 4. Effective July 30, 2001.)
CA Govt Code § 14556.10 (2021)
2021 California Code|Government Code - GOV|TITLE 2 - GOVERNMENT OF THE STATE OF CALIFORNIA|DIVISION 3 - EXECUTIVE DEPARTMENT|PART 5.3 - CALIFORNIA TRANSPORTATION COMMISSION|CHAPTER 4.5 - The Traffic Congestion Relief Act of 2000|ARTICLE 3 - Fund Allocation and Expenditure|Section 14556.10.

14556.10.  (a) The lead applicant agency specified for each project in Article 5 (commencing with Section 14556.40) shall be responsible for preparing and submitting a project application to the commission in accordance with guidelines adopted by the commission.(b) The lead applicant agency may, but is not required, to be the agency responsible for carrying out the work to complete the project.(c) A lead applicant agency may submit separate applications for separate projects identified in Article 5 (commencing with Section 14556.40).(Added by Stats. 2000, Ch. 91, Sec. 6. Effective July 7, 2000.)