GroundRules
GOV § 63048.65
Where this section sits in the code
- Government Code - GOV
- TITLE 6.7. INFRASTRUCTURE FINANCE [63000. - 64132.]
- DIVISION 1. THE BERGESON-PEACE INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK ACT [63000. - 63089.99.]
- CHAPTER 2. California Infrastructure and Economic Development Bank [63021. - 63049.75.]
- ARTICLE 6.5. Tribal Compact Assets Securitization [63048.6. - 63048.9.]
(a) Prior to July 1, 2015, three hundred twenty-one million dollars ($321,000,000) of the one billion two hundred million dollars ($1,200,000,000) of loans from the Traffic Congestion Relief Fund to the General Fund was repaid using tribal gaming compact revenues. In 2016, an additional one hundred seventy-three million dollars ($173,000,000) was repaid from the General Fund.
(b) The remaining seven hundred six million dollars ($706,000,000) of loans from the Traffic Congestion Relief Fund to the General Fund shall be repaid pursuant to Section 14556.8.
Collected 2026-09-14T05:56:33Z. Source file · JSON