Bill Text: CA AB1840 | 2015-2016 | Regular Session | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: State agencies: interns and student assistants: hiring preference.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Passed) 2016-09-21 - Chaptered by Secretary of State - Chapter 404, Statutes of 2016. [AB1840 Detail]

Download: California-2015-AB1840-Introduced.html

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BILL NUMBER: AB 1840	INTRODUCED
	BILL TEXT


INTRODUCED BY   Assembly Member Gipson

                        FEBRUARY 9, 2016

   An act to amend Section 64122 of the Government Code, relating to
transportation.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 1840, as introduced, Gipson. California Transportation
Financing Authority.
   The California Transportation Financing Authority Act creates the
California Transportation Financing Authority, with specified powers
and duties relative to issuance of bonds to fund transportation
projects to be backed, in whole or in part, by various revenue
streams of transportation funds, and toll revenues under certain
conditions, in order to increase the construction of new capacity or
improvements for the state transportation system consistent with
specified goals. Existing law provides that bonds issued under these
provisions are free from taxation.
   This bill would make a nonsubstantive change to this provision.
   Vote: majority. Appropriation: no. Fiscal committee: no.
State-mandated local program: no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  Section 64122 of the Government Code is amended to
read:
   64122.  Any bonds issued under this division, their transfer, and
the income therefrom shall at all times be free from taxation of
 every   any  kind by the state and by all
political subdivisions in the state.