California legislation · 2025-2026 Regular Session
California SB607: Golden Gate Bridge, Highway and Transportation District: contributions and loans.
Status: Chaptered, September 30, 2026
What the bill says
An act to amend Section 27556 of the Streets and Highways Code, relating to transportation. transportation Golden Gate Bridge, Highway and Transportation District: contributions and loans. Existing law prohibits the Golden Gate Bridge, Highway and Transportation District from issuing general obligation or revenue bonds, or any other form of long-term indebtedness, except to finance an interim system of buses and ferries or to finance capital improvements or modifications relating to seismic safety of the Golden Gate Bridge…
From the chaptered text, September 30, 2026:
An act to amend Section 27556 of the Streets and Highways Code, relating to transportation. transportation Golden Gate Bridge, Highway and Transportation District: contributions and loans. Existing law prohibits the Golden Gate Bridge, Highway and Transportation District from issuing general obligation or revenue bonds, or any other form of long-term indebtedness, except to finance an interim system of buses and ferries or to finance capital improvements or modifications relating to seismic safety of the Golden Gate Bridge. This bill would authorize the district to accept contributions and loans from this state and the United States for the purpose of financing capital improvements or modifications related to seismic safety on the Golden Gate Bridge, as specified. MAJORITY NO NO NO NO NO NO NO NO NO NO The people of the State of California do enact as follows: SECTION 1. Section 27556 of the Streets and Highways Code is amended to read: 27556. (a) Except as provided in subdivision (b) and except for the necessity to finance its interim system of buses and ferries, as described in Section 27551, or the necessity to finance capital improvements or modifications relating to seismic safety of the bridge, the district shall not issue general obligation bonds, revenue bonds, or any other form of long-term indebtedness. (b) Notwithstanding subdivision (a) or any provision of Part …