This bill:

• requires public transit districts to provide an annual financial report to the Transportation and Infrastructure Appropriations Subcommittee;
• repeals the structure of the large public transit district board of trustees and changes the body to a transit commission;
• provides for selection process, appointment, and duties of the transit commission of a large public transit district;
• defines duties and reallocates certain responsibilities between the executive director and transit commission of a large public transit district;
• provides for the transition of the governance structure of a large public transit district;
• changes the appointment process for the executive director of a large public transit district to be appointed by the governor;
• repeals the requirement of a large public transit district to have a local advisory council;
• requires the State Tax Commission, beginning in fiscal year 2028, to annually deposit a certain amount of new growth derived from state sales and use taxes into the Transit Transportation Investment Fund; and
• makes technical changes.