Establishes a control board to oversee the Metropolitan Transportation Authority's projects.

The bill creates a Metropolitan Transportation Authority Control Board to ensure fiscal stability and prevent cost increases for taxpayers. The board consists of five members appointed by the governor, with recommendations from legislative leaders. The board's role includes approving project applications, ensuring sufficient funding commitments, and participating in labor negotiations. Members serve without salary but are reimbursed for expenses. The board's decisions require unanimous votes and must be submitted to the state comptroller. The act takes effect 90 days after becoming law.

Establishes a control board to oversee the Metropolitan Transportation Authority's projects.

The bill creates a Metropolitan Transportation Authority Control Board to ensure fiscal stability and prevent cost increases for taxpayers. The board consists of five members appointed by the governor, with recommendations from legislative leaders. The board's role includes approving project applications, ensuring sufficient funding commitments, and participating in labor negotiations. Members serve without salary but are reimbursed for expenses. The board's decisions require unanimous votes and must be submitted to the state comptroller. The act takes effect 90 days after becoming law.