§ 100619 Vta General Fund Revenue Pledge Prohibition

Public Utilities Code·California

AI SummaryVerified

This law says the VTA can't use its regular money to pay off bond debt unless the California Constitution says it has to.

Key Takeaways

•VTA cannot pledge any part of its general fund to pay bond debt.
•The rule applies even if other chapter rules say otherwise.
•Only a requirement in the California Constitution can override this restriction.

Example

The VTA wants to use city tax money to help pay for a new train line that was funded with bonds.

Because of this law, the VTA must keep its regular tax money separate and can only use it for bond payments if the state constitution specifically requires it.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source

View on CA.gov

§ 100619 Vta General Fund Revenue Pledge Prohibition

Notwithstanding any other provision of this chapter, the VTA shall not pledge any portion of its general fund revenues to pay any part of any bonded indebtedness incurred under this chapter unless required by provisions of the California Constitution. (Amended by Stats. 2016, Ch. 381, Sec. 121. (AB 2196) Effective January 1, 2017.)

Last verified: January 11, 2026

Key Terms

VTA general fund revenues bonded indebtedness California Constitution

References

Official text at leginfo.legislature.ca.gov
California Legislature. Public Utilities Code. Section 100619.

Key Takeaways

Example

Key Terms

Related Statutes

References

Key Takeaways

Example

Key Terms

Related Statutes

References