SECTIONS 92000-92002 - California Statutes

GOVERNMENT CODE

SECTION 92000-92002

92000. This title may be cited as the California Passenger Rail
Financing Commission Act.

92001. The Legislature hereby finds that it is necessary and
essential that the state use all means and measures to promote rapid
rail transit systems within the state in order to reduce air
pollution and reduce congestion on freeways, streets, and highways.
The Legislature further finds that the alternative methods of
financing provided in this title are needed to finance the cost of
acquiring, constructing, and developing facilities for rapid rail
transit systems within the state and that these methods will increase
economic opportunities, contribute to economic development, be in
the public interest and serve a public purpose, and will promote the
health, safety, and welfare of citizens within the State of
California.

92002. It is the purpose of this title to carry out and make
effective the findings of the Legislature and, to that end, to
provide an alternative method of financing in acquiring,
constructing, or rehabilitating facilities to be used as part of
rapid rail systems, all to the mutual benefit of the people of the
state and to protect their health and welfare.