The bill amends provisions related to the operation of the regional transportation district (district), including:
RemovingAmending a cap on the amount of all vehicular service the district can allow to be provided by third parties under competitive contracts and retaining the cap on the amount of fixed route bus service that may be provided through such contractsto be measured by platform time or its equivalent;
- Expanding the types of entities the district can contract with to include nonprofit organizations and local government;
- Repealing farebox recovery ratio requirements and requiring the district to include in its annual financial reports information on annual operating costs, ridership numbers, and operating costs divided by ridership as a measure of the cost efficiency of its services;
- Repealing a limitation on developments that would reduce parking at a facility or result in a competitive disadvantage to private businesses near the facility; and
- Repealing limitations on the district's authority to charge fees and manage parking at district parking facilities.
(Note: Italicized words indicate new material added to the original summary; dashes through words indicate deletions from the original summary.)
(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)