Establishes the metropolitan transportation authority control board to oversee the authority's projects and ensure fiscal stability.

The bill establishes the metropolitan transportation authority control board to address the authority's severe fiscal crisis. The board will have the power to approve or reject projects proposed by the authority, ensuring that sufficient funds are committed before any project proceeds. The board will consist of five members appointed by the governor, with terms of up to 24 months. Members serve without salary but are reimbursed for necessary expenses. The board's decisions are binding, and the governor has the authority to remove members who exceed their legal authority.

Establishes the metropolitan transportation authority control board to oversee the authority's projects and ensure fiscal stability.

The bill establishes the metropolitan transportation authority control board to address the authority's severe fiscal crisis. The board will have the power to approve or reject projects proposed by the authority, ensuring that sufficient funds are committed before any project proceeds. The board will consist of five members appointed by the governor, with terms of up to 24 months. Members serve without salary but are reimbursed for necessary expenses. The board's decisions are binding, and the governor has the authority to remove members who exceed their legal authority.