§ 8509
62 words·~1 min read·
/ca/revenue-and-taxation-code/8509·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The net revenues received by the commission shall be expended only in accordance with the regional transportation expenditure plan adopted pursuant to Section 8503, except that the commission may deduct from those revenues funds to reimburse it for expenses incurred in the initial implementation of this chapter, and thereafter, its cost of administration, not to exceed 1 percent of annual net revenues.