What does Prop 1a Mean for High Speed Rail?

What High Speed Rail could look like in Burbank | Image by CHSR

Despite saying he wouldn't until the budget was passed, Governor Schwarzenegger signed a few bills yesterday that he liked. One of those was AB3034, which replaced Proposition 1 with Proposition 1a on the ballot. Both deal with making a High Speed Rail route between LA and SF with an estimated travel time of 2 hours, 40 or so minutes. The San Francisco Chronicle breaks down what the "a" does in "one." The first one has large effects on the LA side of things:

• Keep the San Francisco-to-Los Angeles segment as the first priority for bond revenue but add Anaheim to that segment. It would also allow money to be spent on other segments as long as that did not delay construction of the main line.
  
• Prohibit construction of a station between Gilroy and Merced, a point of concern among environmentalists.
  
• Place limits on spending, including the amount spent on studies and plans, administration and purchase of right of way.
  
• Require a detailed funding plan for any segment before funds can be requested.
  
• Require the High Speed Rail Authority to complete an updated business plan by Oct. 1.
  
• Create a committee of experts to review planning, engineering, financing and other plans prepared by the authority.