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SB 916 Senate gill - AMENDED page 24 of 29 9. D -32 county participating in the election for the incremental cost of submitting the measure to the voters. These costs shall be reimbursed from revenues derived from the tolls if the measure is approved by the voters, or, if the measure is not approved, from any bridge toll revenues administered by the authority. (f) Nothing in this section affects the ability of the authority to establish tolls pursuant to Section 30918. SEC. 76. Section 30922 is added to the Streets and Highways Code, to read: 30922. Any action or proceeding to contest, question, or deny the validity of the toll increase provided for in this chapter, the financing of the transportation program contemplated by this chapter, the issuance of any bonds secured by those tolls, or any of the proceedings in relation thereto, shall be commenced within 60 days from the date of the election at which the toll increase is approved. After that date, the financing of the program, the issuance of the bonds, and all proceedings in relation thereto, including the adoption, approval, and collection of the toll increase, shall be held valid and incontestable in every respect. SEC. 77. Section 30950 of the Streets and Highways Code is amended to read: 30950. For the purposes of this chapter, Chapter 9 (commencing with Section 30910), and Chapter 9.5 (commencing with Section 31000), "the authority" is the Bay Area Toll Authority, which is hereby created. The authority is a public instrumentality governed by the same board as that governing the Metropolitan Transportation Commission. The authority is, however, a separate entity from the Metropolitan Transportation Commission. SEC. 78. Section 30950.1 of the Streets and Highways Code is amended to read: 30950.1. The authority shall adopt an annual budget. - The members of the authority shall be compensated as determined by the authority and shall be reimbursed for necessary and reasonable expenses incurred in connection with performing authority duties - «.. ,. _: _,,,, .... « w„ «,_,. The authority shall pay all costs required by this section. SEC. 79. Section 30950.2 of the Streets and Highways Code is amended to read:. 30950.2. The authority is responsible for the programming, administration, and allocation of all toll revenues, except revenues from the seismic retrofit surcharge, from state -owned toll bridges within the geographic jurisdiction of the Metropolitan Transportation Commission. After completion of the seismic projects and payment or provision for the payment of all bonds issued for the seismic projects, the authority may assume responsibility for the programming, administration, and allocation of the revenue derived from the seismic retrofit surcharge. SEC. 80. Section 30950.3 of the Streets and Highways Code is amended to read: 30950.3. (a) The authority shall prepare, adopt, and from time to time revise, a long -range plan for the completion of all projects. (b) The authority shall not allocate any toll revenues for any capital improvement projects, except those projects included in the long -range plan required under subdivision (a) and those projects funded pursuant to Article 3.5 (commencing with Section 30880) of Chapter 3. (c) The authority shall give first priority to projects and expenditures that are deemed necessary by the department to preserve