2007-2008 Regular Session - HR 509
Transportation Trust Fund; create - CA
First Reader Summary
A RESOLUTION proposing an amendment to the Constitution so as to provide for the creation of a Transportation Trust Fund; to provide for a levy of a 1 percent sales and use tax on the purchase of tangible goods and certain services at retail; to provide for the deposit of the proceeds of such tax into such trust fund; to provide for the governance of such trust fund by the State Transportation Board and oversight of such trust fund by a Transportation Trust Fund Oversight Committee; to provide for the administration of such fund by a Transportation Trust Fund Agency; to provide for purposes and limitations on expenditures from such trust fund; to provide for the periodic submission of the continuance of such levy to the people for approval or disapproval;to provide for other matters relative to the foregoing; and for other purposes.
Mar/20/2007 - House Second Readers
Mar/19/2007 - House First Readers
Mar/01/2007 - House Hopper