CALIFORNIA LEGISLATURE 20252026 REGULAR SESSION Assembly Bill No. 377Introduced by Assembly Member TangipaFebruary 03, 2025 An act to add Section 185033.8 to the Public Utilities Code, relating to high-speed rail. LEGISLATIVE COUNSEL'S DIGESTAB 377, as introduced, Tangipa. High-Speed Rail Authority: business plan: Merced to Bakersfield segment.The California High-Speed Rail Act creates the High-Speed Rail Authority to develop and implement a high-speed rail system in the state, with specified powers and duties. The act requires the authority to prepare, publish, adopt, and submit to the Legislature a business plan containing specified elements on a biennial basis and to also provide on a biennial basis a project update report, approved by the Secretary of Transportation as consistent with specified criteria, to the budget committees and the appropriate policy committees of both houses of the Legislature, on the development and implementation of intercity high-speed train service, as provided. The act requires the authority to develop schedules for the delivery of specified tasks relating to the Merced to Bakersfield segment of the high-speed rail project for inclusion in the project update report and the business plan and also requires the authority to include certain other information in the project update report and the business plan relating to the Merced to Bakersfield segment, as provided.This bill would require the authority, as part of the business plan that is due on or before May 1, 2026, to provide a detailed funding plan for the Merced to Bakersfield segment that includes certain information, including an updated estimate of the funding gap for completing the segment and a strategy for addressing the funding gap.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: YES Local Program: NO Bill TextThe people of the State of California do enact as follows:SECTION 1. Section 185033.8 is added to the Public Utilities Code, to read:185033.8. (a) As part of the business plan that is due on or before May 1, 2026, pursuant to Section 185033, the authority shall provide a detailed funding plan for the Merced to Bakersfield segment that includes all of the following information:(1) An updated estimate of the funding gap for completing the segment.(2) A strategy for addressing the funding gap that includes all of the following:(A) An itemized list of anticipated funds by source.(B) A timeline describing when each source of funds must be received in order to meet the authoritys schedule for segment completion.(C) The estimated project delays that would result if any funding source fails to materialize, and a discussion of how work could be resequenced to minimize these delays.(D) An assessment of the likelihood that each proposed source of funding will materialize, including the identification of any major risks for obtaining the funding and a plan for mitigating those risks.(E) A description of alternative funding sources that could be used if the planned funding does not materialize, and an assessment of the likelihood for attaining these funds.(3) A contingency plan that provides multiple options for completing and using the segment described in subparagraph (A) of paragraph (1) of subdivision (b) of Section 185033.7 if there is a significant delay in completing the Merced to Bakersfield segment. The authority shall assess each option based on its relative value to the state.(b) The detailed funding plan developed pursuant to this section shall exclude funding sources where the likelihood of attaining the funds is low, including the receipt of any new federal funding before January 20, 2029.(c) For purposes of this section, the following definitions apply:(1) Merced to Bakersfield segment has the same meaning as defined in Section 185033.7.(2) New federal funding includes any contingent commitment of unobligated future available budget authority specified in law that has been committed but not obligated under the terms of an existing federal grant agreement, where the contingent commitment is not an obligation of the federal government and cannot be obligated without an amendment to the grant agreement.
CALIFORNIA LEGISLATURE 20252026 REGULAR SESSION Assembly Bill No. 377Introduced by Assembly Member TangipaFebruary 03, 2025 An act to add Section 185033.8 to the Public Utilities Code, relating to high-speed rail. LEGISLATIVE COUNSEL'S DIGESTAB 377, as introduced, Tangipa. High-Speed Rail Authority: business plan: Merced to Bakersfield segment.The California High-Speed Rail Act creates the High-Speed Rail Authority to develop and implement a high-speed rail system in the state, with specified powers and duties. The act requires the authority to prepare, publish, adopt, and submit to the Legislature a business plan containing specified elements on a biennial basis and to also provide on a biennial basis a project update report, approved by the Secretary of Transportation as consistent with specified criteria, to the budget committees and the appropriate policy committees of both houses of the Legislature, on the development and implementation of intercity high-speed train service, as provided. The act requires the authority to develop schedules for the delivery of specified tasks relating to the Merced to Bakersfield segment of the high-speed rail project for inclusion in the project update report and the business plan and also requires the authority to include certain other information in the project update report and the business plan relating to the Merced to Bakersfield segment, as provided.This bill would require the authority, as part of the business plan that is due on or before May 1, 2026, to provide a detailed funding plan for the Merced to Bakersfield segment that includes certain information, including an updated estimate of the funding gap for completing the segment and a strategy for addressing the funding gap.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: YES Local Program: NO
CALIFORNIA LEGISLATURE 20252026 REGULAR SESSION
Assembly Bill
No. 377
Introduced by Assembly Member TangipaFebruary 03, 2025
Introduced by Assembly Member Tangipa
February 03, 2025
An act to add Section 185033.8 to the Public Utilities Code, relating to high-speed rail.
LEGISLATIVE COUNSEL'S DIGEST
## LEGISLATIVE COUNSEL'S DIGEST
AB 377, as introduced, Tangipa. High-Speed Rail Authority: business plan: Merced to Bakersfield segment.
The California High-Speed Rail Act creates the High-Speed Rail Authority to develop and implement a high-speed rail system in the state, with specified powers and duties. The act requires the authority to prepare, publish, adopt, and submit to the Legislature a business plan containing specified elements on a biennial basis and to also provide on a biennial basis a project update report, approved by the Secretary of Transportation as consistent with specified criteria, to the budget committees and the appropriate policy committees of both houses of the Legislature, on the development and implementation of intercity high-speed train service, as provided. The act requires the authority to develop schedules for the delivery of specified tasks relating to the Merced to Bakersfield segment of the high-speed rail project for inclusion in the project update report and the business plan and also requires the authority to include certain other information in the project update report and the business plan relating to the Merced to Bakersfield segment, as provided.This bill would require the authority, as part of the business plan that is due on or before May 1, 2026, to provide a detailed funding plan for the Merced to Bakersfield segment that includes certain information, including an updated estimate of the funding gap for completing the segment and a strategy for addressing the funding gap.
The California High-Speed Rail Act creates the High-Speed Rail Authority to develop and implement a high-speed rail system in the state, with specified powers and duties. The act requires the authority to prepare, publish, adopt, and submit to the Legislature a business plan containing specified elements on a biennial basis and to also provide on a biennial basis a project update report, approved by the Secretary of Transportation as consistent with specified criteria, to the budget committees and the appropriate policy committees of both houses of the Legislature, on the development and implementation of intercity high-speed train service, as provided. The act requires the authority to develop schedules for the delivery of specified tasks relating to the Merced to Bakersfield segment of the high-speed rail project for inclusion in the project update report and the business plan and also requires the authority to include certain other information in the project update report and the business plan relating to the Merced to Bakersfield segment, as provided.
This bill would require the authority, as part of the business plan that is due on or before May 1, 2026, to provide a detailed funding plan for the Merced to Bakersfield segment that includes certain information, including an updated estimate of the funding gap for completing the segment and a strategy for addressing the funding gap.
## Digest Key
## Bill Text
The people of the State of California do enact as follows:SECTION 1. Section 185033.8 is added to the Public Utilities Code, to read:185033.8. (a) As part of the business plan that is due on or before May 1, 2026, pursuant to Section 185033, the authority shall provide a detailed funding plan for the Merced to Bakersfield segment that includes all of the following information:(1) An updated estimate of the funding gap for completing the segment.(2) A strategy for addressing the funding gap that includes all of the following:(A) An itemized list of anticipated funds by source.(B) A timeline describing when each source of funds must be received in order to meet the authoritys schedule for segment completion.(C) The estimated project delays that would result if any funding source fails to materialize, and a discussion of how work could be resequenced to minimize these delays.(D) An assessment of the likelihood that each proposed source of funding will materialize, including the identification of any major risks for obtaining the funding and a plan for mitigating those risks.(E) A description of alternative funding sources that could be used if the planned funding does not materialize, and an assessment of the likelihood for attaining these funds.(3) A contingency plan that provides multiple options for completing and using the segment described in subparagraph (A) of paragraph (1) of subdivision (b) of Section 185033.7 if there is a significant delay in completing the Merced to Bakersfield segment. The authority shall assess each option based on its relative value to the state.(b) The detailed funding plan developed pursuant to this section shall exclude funding sources where the likelihood of attaining the funds is low, including the receipt of any new federal funding before January 20, 2029.(c) For purposes of this section, the following definitions apply:(1) Merced to Bakersfield segment has the same meaning as defined in Section 185033.7.(2) New federal funding includes any contingent commitment of unobligated future available budget authority specified in law that has been committed but not obligated under the terms of an existing federal grant agreement, where the contingent commitment is not an obligation of the federal government and cannot be obligated without an amendment to the grant agreement.
The people of the State of California do enact as follows:
## The people of the State of California do enact as follows:
SECTION 1. Section 185033.8 is added to the Public Utilities Code, to read:185033.8. (a) As part of the business plan that is due on or before May 1, 2026, pursuant to Section 185033, the authority shall provide a detailed funding plan for the Merced to Bakersfield segment that includes all of the following information:(1) An updated estimate of the funding gap for completing the segment.(2) A strategy for addressing the funding gap that includes all of the following:(A) An itemized list of anticipated funds by source.(B) A timeline describing when each source of funds must be received in order to meet the authoritys schedule for segment completion.(C) The estimated project delays that would result if any funding source fails to materialize, and a discussion of how work could be resequenced to minimize these delays.(D) An assessment of the likelihood that each proposed source of funding will materialize, including the identification of any major risks for obtaining the funding and a plan for mitigating those risks.(E) A description of alternative funding sources that could be used if the planned funding does not materialize, and an assessment of the likelihood for attaining these funds.(3) A contingency plan that provides multiple options for completing and using the segment described in subparagraph (A) of paragraph (1) of subdivision (b) of Section 185033.7 if there is a significant delay in completing the Merced to Bakersfield segment. The authority shall assess each option based on its relative value to the state.(b) The detailed funding plan developed pursuant to this section shall exclude funding sources where the likelihood of attaining the funds is low, including the receipt of any new federal funding before January 20, 2029.(c) For purposes of this section, the following definitions apply:(1) Merced to Bakersfield segment has the same meaning as defined in Section 185033.7.(2) New federal funding includes any contingent commitment of unobligated future available budget authority specified in law that has been committed but not obligated under the terms of an existing federal grant agreement, where the contingent commitment is not an obligation of the federal government and cannot be obligated without an amendment to the grant agreement.
SECTION 1. Section 185033.8 is added to the Public Utilities Code, to read:
### SECTION 1.
185033.8. (a) As part of the business plan that is due on or before May 1, 2026, pursuant to Section 185033, the authority shall provide a detailed funding plan for the Merced to Bakersfield segment that includes all of the following information:(1) An updated estimate of the funding gap for completing the segment.(2) A strategy for addressing the funding gap that includes all of the following:(A) An itemized list of anticipated funds by source.(B) A timeline describing when each source of funds must be received in order to meet the authoritys schedule for segment completion.(C) The estimated project delays that would result if any funding source fails to materialize, and a discussion of how work could be resequenced to minimize these delays.(D) An assessment of the likelihood that each proposed source of funding will materialize, including the identification of any major risks for obtaining the funding and a plan for mitigating those risks.(E) A description of alternative funding sources that could be used if the planned funding does not materialize, and an assessment of the likelihood for attaining these funds.(3) A contingency plan that provides multiple options for completing and using the segment described in subparagraph (A) of paragraph (1) of subdivision (b) of Section 185033.7 if there is a significant delay in completing the Merced to Bakersfield segment. The authority shall assess each option based on its relative value to the state.(b) The detailed funding plan developed pursuant to this section shall exclude funding sources where the likelihood of attaining the funds is low, including the receipt of any new federal funding before January 20, 2029.(c) For purposes of this section, the following definitions apply:(1) Merced to Bakersfield segment has the same meaning as defined in Section 185033.7.(2) New federal funding includes any contingent commitment of unobligated future available budget authority specified in law that has been committed but not obligated under the terms of an existing federal grant agreement, where the contingent commitment is not an obligation of the federal government and cannot be obligated without an amendment to the grant agreement.
185033.8. (a) As part of the business plan that is due on or before May 1, 2026, pursuant to Section 185033, the authority shall provide a detailed funding plan for the Merced to Bakersfield segment that includes all of the following information:(1) An updated estimate of the funding gap for completing the segment.(2) A strategy for addressing the funding gap that includes all of the following:(A) An itemized list of anticipated funds by source.(B) A timeline describing when each source of funds must be received in order to meet the authoritys schedule for segment completion.(C) The estimated project delays that would result if any funding source fails to materialize, and a discussion of how work could be resequenced to minimize these delays.(D) An assessment of the likelihood that each proposed source of funding will materialize, including the identification of any major risks for obtaining the funding and a plan for mitigating those risks.(E) A description of alternative funding sources that could be used if the planned funding does not materialize, and an assessment of the likelihood for attaining these funds.(3) A contingency plan that provides multiple options for completing and using the segment described in subparagraph (A) of paragraph (1) of subdivision (b) of Section 185033.7 if there is a significant delay in completing the Merced to Bakersfield segment. The authority shall assess each option based on its relative value to the state.(b) The detailed funding plan developed pursuant to this section shall exclude funding sources where the likelihood of attaining the funds is low, including the receipt of any new federal funding before January 20, 2029.(c) For purposes of this section, the following definitions apply:(1) Merced to Bakersfield segment has the same meaning as defined in Section 185033.7.(2) New federal funding includes any contingent commitment of unobligated future available budget authority specified in law that has been committed but not obligated under the terms of an existing federal grant agreement, where the contingent commitment is not an obligation of the federal government and cannot be obligated without an amendment to the grant agreement.
185033.8. (a) As part of the business plan that is due on or before May 1, 2026, pursuant to Section 185033, the authority shall provide a detailed funding plan for the Merced to Bakersfield segment that includes all of the following information:(1) An updated estimate of the funding gap for completing the segment.(2) A strategy for addressing the funding gap that includes all of the following:(A) An itemized list of anticipated funds by source.(B) A timeline describing when each source of funds must be received in order to meet the authoritys schedule for segment completion.(C) The estimated project delays that would result if any funding source fails to materialize, and a discussion of how work could be resequenced to minimize these delays.(D) An assessment of the likelihood that each proposed source of funding will materialize, including the identification of any major risks for obtaining the funding and a plan for mitigating those risks.(E) A description of alternative funding sources that could be used if the planned funding does not materialize, and an assessment of the likelihood for attaining these funds.(3) A contingency plan that provides multiple options for completing and using the segment described in subparagraph (A) of paragraph (1) of subdivision (b) of Section 185033.7 if there is a significant delay in completing the Merced to Bakersfield segment. The authority shall assess each option based on its relative value to the state.(b) The detailed funding plan developed pursuant to this section shall exclude funding sources where the likelihood of attaining the funds is low, including the receipt of any new federal funding before January 20, 2029.(c) For purposes of this section, the following definitions apply:(1) Merced to Bakersfield segment has the same meaning as defined in Section 185033.7.(2) New federal funding includes any contingent commitment of unobligated future available budget authority specified in law that has been committed but not obligated under the terms of an existing federal grant agreement, where the contingent commitment is not an obligation of the federal government and cannot be obligated without an amendment to the grant agreement.
185033.8. (a) As part of the business plan that is due on or before May 1, 2026, pursuant to Section 185033, the authority shall provide a detailed funding plan for the Merced to Bakersfield segment that includes all of the following information:
(1) An updated estimate of the funding gap for completing the segment.
(2) A strategy for addressing the funding gap that includes all of the following:
(A) An itemized list of anticipated funds by source.
(B) A timeline describing when each source of funds must be received in order to meet the authoritys schedule for segment completion.
(C) The estimated project delays that would result if any funding source fails to materialize, and a discussion of how work could be resequenced to minimize these delays.
(D) An assessment of the likelihood that each proposed source of funding will materialize, including the identification of any major risks for obtaining the funding and a plan for mitigating those risks.
(E) A description of alternative funding sources that could be used if the planned funding does not materialize, and an assessment of the likelihood for attaining these funds.
(3) A contingency plan that provides multiple options for completing and using the segment described in subparagraph (A) of paragraph (1) of subdivision (b) of Section 185033.7 if there is a significant delay in completing the Merced to Bakersfield segment. The authority shall assess each option based on its relative value to the state.
(b) The detailed funding plan developed pursuant to this section shall exclude funding sources where the likelihood of attaining the funds is low, including the receipt of any new federal funding before January 20, 2029.
(c) For purposes of this section, the following definitions apply:
(1) Merced to Bakersfield segment has the same meaning as defined in Section 185033.7.
(2) New federal funding includes any contingent commitment of unobligated future available budget authority specified in law that has been committed but not obligated under the terms of an existing federal grant agreement, where the contingent commitment is not an obligation of the federal government and cannot be obligated without an amendment to the grant agreement.