(a) Eighty one million dollars ($81,000,000) shall be allocated to the department for intercity and commuter rail projects along the Los Angeles-Santa Barbara rail corridor to be allocated for expenditure as follows:
(1) In Ventura County, thirty one million dollars ($31,000,000).
(2) In Santa Barbara County, seventeen million dollars ($17,000,000).
(3) In Los Angeles County, thirty three million dollars ($33,000,000).
(b) The funds allocated for expenditure in Los Angeles and Ventura Counties may be expended in coordination with a joint powers agency required to be established for commuter rail service pursuant to Section 130255 within that segment of the corridor.
(Added June 5, 1990, by initiative Proposition 116.)