§ 53561 Transit-Oriented Development Fund

(a) There is hereby created in the State Treasury the Transit-Oriented Development Implementation Fund. (b) All interest, dividends, and pecuniary gains from investments or deposits of moneys in the fund shall accrue to the fund, notwithstanding Section 16305.7 of the Government Code. There shall be paid into the fund both of the following: (1) Any moneys appropriated and made available by the Legislature for the purposes of the fund. (2) Any other moneys that may be made available to the department for the purposes of this part from any other source. (Amended by Stats. 2018, Ch. 37, Sec. 42. (AB 1817) Effective June 27, 2018.)