Chapter 6Border Region Toll Facilities
Section § 31300
This law allows for the commission to charge tolls on certain newly constructed state highways in California if new transportation improvements are needed due to increased commercial traffic from the North American Free Trade Agreement. These costs can be covered by tolls, toll-backed bonds, and other available funds. Specifically, tolls can only be applied to Route 7 near the new international border crossing in Calexico to Route 8 near El Centro in Imperial County.
Once federal funds designated for NAFTA-related improvements are received, or the costs of the improvements are fully paid off, the tolls must be removed.
Section § 31302
Section § 31304
This law states that money in the Highway Toll Revenue Account is automatically allocated to a commission to pay off obligations related to bonds. This means the money is immediately available for these payments without needing further approval. After these obligations are covered, any leftover funds need further approval by the Legislature before being used. The remaining funds are to be allocated to a department to build more highways or improve existing ones to handle more commercial traffic due to the North American Free Trade Agreement (NAFTA).
Section § 31306
This section allows the commission to issue bonds to raise money for highway projects related to increased commercial traffic from NAFTA (North American Free Trade Agreement). The money from tolls will be used to repay these bonds. The commission should follow certain procedures when dealing with these bonds.