Attorney General No.
SA2001RF0029
Secretary of State No.
935
Description
TRANSPORTATION. ALLOCATION OF SALES AND USE TAXES RAISED FROM SALEOR LEASE OF MOTOR VEHICLES. INITIATIVE STATUTE. Reallocates 30% of certain state revenues collected on motor vehicle sales or leases from the General Fund to the Traffic Congestion Relief and Safe School Bus Trust Fund. Allocates money for transportation programs including: highway expansion, specific freeway interchange improvements, mass transit improvements, purchasing buses, and expanding light and commuter rail. Provides funds for environmental enhancement, transportation impact mitigation programs, and transportation safety programs. Allocates money to 45 specific projects and for remainder specifies distribution percentages, restricts fund uses, and provides accountability measures. Summary of estimate by Legislative Analyst of fiscal impact on state and local governments: About $460 million in2002-03 and $950 million in 2003-04, increasing annually thereafter, for state and local transportation-related purposes. Summary of estimate by Department of Finance of fiscal impact on state and local governments: Increases resources for state and local transportation-related purposes by about $460 million in 2002-03 and $950 million in 2003-04, increasing annually thereafter. Potentially increases resources for Proposition 98 purposes and reduces resources for other General Fund purposes by significant amounts that could exceed the amounts stated above.
Proponents
Gerald H. Meral, Planning and Conservation League, 926 J Street, Suite 612, Sacramento, CA 95814, (916) 444-8726
Date
12-17-2001
Document Type
Initiative
Qualified
Qualified
Recommended Citation
TRANSPORTATION. ALLOCATION OF SALES AND USE TAXES RAISED FROM SALE OR LEASE OF MOTOR VEHICLES. INITIATIVE STATUTE California Initiative 935 (2001).
https://repository.uclawsf.edu/ca_ballot_inits/1092