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High-speed rail bonds.

This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.

CA SB 340 · Senate Bill · 2019–2020

Stage
Session ended
Started in
Senate
Sponsor
1
Latest action
Feb 3, 2020

What it does

The California High-Speed Rail Act creates the High-Speed Rail Authority to develop and implement a high-speed rail system in the state. The Safe, Reliable High-Speed Passenger Train Bond Act for the 21st Century, approved by the voters as Proposition 1A at the November 4, 2008, general election, provides for the issuance of general obligation bonds in the amount of $9 billion for high-speed rail purposes and $950 million for other related rail purposes. Article XVI of the California Constitution requires measures authorizing general obligation bonds to specify the single object or work to be funded by the bonds and further requires a bond act to be approved by a 23 vote of each house of…

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Where it stands

This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.

  1. Introduced (Current step)

    Introduced · Feb 3, 2020

  2. Committee (Needs attention)

    The session ended first

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

  • StoneLead sponsor

In the news

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Where it goes next

While a bill can still move, the questions are about people and money in California.

Work with this bill

High-speed rail bonds. | 52