AB 2

  • California Assembly Bill
  • 2015-2016, 1st Special Session
  • Introduced in Assembly
  • Assembly
  • Senate
  • Governor

Transportation projects: comprehensive development lease agreements.

Abstract

Existing law authorizes the Department of Transportation and regional transportation agencies, as defined, to enter into comprehensive development lease agreements with public and private entities, or consortia of those entities, for certain transportation projects that may charge certain users of those projects tolls and user fees, subject to various terms and requirements. These arrangements are commonly known as public-private partnerships. Existing law provides that a lease agreement may not be entered into under these provisions on or after January 1, 2017. This bill would extend this authorization indefinitely and would include within the definition of "regional transportation agency" the Santa Clara Valley Transportation Authority, thereby authorizing the authority to enter into public-private partnerships under these provisions. The bill would also delete obsolete cross-references and make technical changes to these provisions.

Bill Sponsors (22)

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Jun 26, 2015

Assembly

From printer.

Jun 25, 2015

Assembly

Read first time. To print.

Bill Text

Bill Text Versions Format
AB2 HTML
06/25/15 - Introduced PDF

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