Excludes passenger and freight rail projects from funding by petroleum products gross receipts tax revenue.
This bill amends existing law to prevent the use of revenue from the increase in petroleum products gross receipts tax for passenger and freight rail projects. The change ensures that these rail projects are not funded by the tax increase enacted on October 14, 2016. The bill takes effect immediately upon enactment.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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