Pub. Util. Code, § 99268.9 · Article 4. Claims for Funds
Pub. Util. Code, § 99268.9
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
(a) (1) Except as otherwise provided in subdivision (b), if an operator was allocated funds under this article during a fiscal year in which it did not maintain the required ratio of fare revenues to operating cost, the operator’s eligibility to receive moneys from the local transportation fund and allocations pursuant to Sections 99313.3 and 99314.3 shall be reduced during a subsequent penalty year by the amount of the difference between the required fare revenues and the actual fare revenues for the fiscal year that the required ratio was not maintained. The penalty year shall be the fiscal year that begins one year after the end of the fiscal year during which the required ratio was not maintained.
(2) An operator subject to this subdivision shall demonstrate to the transportation planning agency, the county transportation commission, or the San Diego Metropolitan Transit Development Board how it will achieve the required ratio of fare revenues during any penalty year.
(b) The first fiscal year for which an operator does not maintain the required ratio of fare revenues to operating cost is deemed a grace year, and shall not result in any penalty nor loss of eligibility for funds under this article.
(c) (1) Notwithstanding subdivision (a), a transportation planning agency, county transportation commission, or the San Diego Metropolitan Transit Development Board shall not impose the penalty described in subdivision (a) on an operator that does not maintain the required ratio of fare revenues to operating cost during the 2019–20, 2020–21, 2021–22, 2022–23, 2023–24, 2024–25, 2025–26, or 2026–27 fiscal year.
(2) This subdivision shall become inoperative on January 1, 2028.
Notes and commentary — not statutory text
History
Amended by Stats. 2026, Ch. 82, Sec. 3. (SB 169) Effective July 13, 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=PUC§ionNum=99268.9.
- Text hash
- sha256 e8356545aa00d0bc2c1c2fdfa301a2ab1bcefbafb0bc28af36703ed465056c2d
- 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
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Cited by 8 provisions
Provisions in this library whose text cites Pub. Util. Code, § 99268.9. Each shows the citation as that text prints it.
Public Utilities Code
- Pub. Util. Code, § 99243Printed as Sections 99268.1, 99268.2, 99268.3, 99268.4, 99268.5, and 99268.9
- Pub. Util. Code, § 99268.20Printed as Sections 99268, 99268.1, 99268.2, 99268.3, 99268.4, 99268.5, 99268.6, 99268.7, 99268.8, 99268.9, 99268.11, 99268.12, 99268.16, 99268.17, 99268.18, 99268.19, 99269, 99270.1, 99270.2, 99270.5, and 99270
- Pub. Util. Code, § 99268.6Printed as Section 99268.1, 99268.2, 99268.3, 99268.4, 99268.5, or 99268.9 | Section 99268.1, 99268.2, 99268.3, 99268.4, or 99268.9 | Section 99268.9
- Pub. Util. Code, § 99268.11Printed as Sections 99268.3, 99268.4, and 99268.9
- Pub. Util. Code, § 99270.5Printed as Section 99268.1, 99268.2, 99268.3, 99268.4, 99268.5, or 99268.9
- Pub. Util. Code, § 99270.6Printed as Section 99268.1, 99268.2, 99268.3, 99268.4, 99268.5, or 99268.9
- Pub. Util. Code, § 99275.5Printed as Section 99268.3, 99268.4, 99268.5, or 99268.9
- Pub. Util. Code, § 99405Printed as Section 99268.3, 99268.4, 99268.5, or 99268.9
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