Pursuant to the authorization set forth in subdivision (h) of Section 2704.08, not more than 5 percent of the proceeds of bonds described in paragraph (1) of subdivision (b) of Section 2704.04 shall be used for administrative purposes.
Cal. Sts. & High. Code § 2704.79
Implementation of the Safe, Reliable High-Speed Passenger Train Bond Act for the 21st Century
Added by Stats. 2024, Ch. 53, Sec. 14
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.