SB 5892-S - DIGEST
(DIGEST OF PROPOSED 1ST SUBSTITUTE)

Requires a regional transit authority to: (1) Provide initial engineer estimates for the cost to complete each capital project within a voter-approved capital program on its web site or another publicly accessible location; and

(2) Place on the next ballot a proposition to reauthorize any taxes approved by authority voters after January 1, 2015, if two years after beginning construction of the voter-approved capital program the overall capital program budget is found to be greater than one hundred percent over the initial estimate.