By January 1 of each year, the commission shall submit to the Legislature a detailed budget for the expenditure of railroad corporation fees for the ensuing budget year, consistent with Section 421.

(Added by Stats. 2017, Ch. 425, Sec. 8. (SB 385) Effective January 1, 2018.)

Terms Used In California Public Utilities Code 916.5

  • Commission: means the Public Utilities Commission created by §. See California Public Utilities Code 20
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
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