Gov. Code, § 67764 · Chapter 4. Financial Transparency and Review
Gov. Code, § 67764
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
The commission shall contract with, and manage, a third-party consultant to conduct one or both phases of the financial efficiency review. The third-party consultant shall conduct the review in consultation with the subject operators and an oversight committee established by the commission that consists of all the following members:
(a) The chair of the commission, if the chair is from the geographic jurisdiction of the district, or another member of the commission designated by the chair that is from the geographic jurisdiction of the district.
(b) The board chair or president, or another member of the board designated by the chair or president, of each subject operator.
(c) Four independent experts appointed by the commission with expertise in public transit operations and finance.
(d) One representative from the Transportation Agency and one representative the Department of Finance as ex officio, nonvoting members.
Notes and commentary — not statutory text
History
Added by Stats. 2025, Ch. 740, Sec. 4. (SB 63) Effective January 1, 2026.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=67764.
- Text hash
- sha256 a4963bfc44470852a28411c6aa322e7b95cce7de028b349894657ddf403d7c1b
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.