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SB25-051

Regional Transportation District Operating Costs

Concerning the definition of operating costs for calculating cost efficiency metrics for the regional transportation district.
Session:
2025 Regular Session
Subject:
Transportation & Motor Vehicles
Bill Summary

Legislative Audit Committee. Currently, for purposes of reporting cost efficiency metrics, the regional transportation district is required to calculate "operating costs" by including depreciation and excluding costs incurred in long-term planning and development of mass transportation and rapid transit infrastructures and the costs incurred as a result of providing transportation services mandated by the federal "Americans with Disabilities Act of 1990". The bill changes the definition of "operating costs" to mean all operating expenditures, excluding depreciation.
(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

Status

Introduced
Passed

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Bill Text

  • All Versions (6 )
    Date Bill Type Documents
    03/28/2025 Final Act PDF
    03/25/2025 Rerevised PDF
    03/20/2025 Revised PDF
    02/04/2025 Reengrossed PDF
    02/03/2025 Engrossed PDF
    01/15/2025 Introduced PDF

The effective date for bills enacted without a safety clause is August 6, 2025, if the General Assembly adjourns sine die on May 7, 2025 (unless otherwise specified). Details

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