California § 99268.19. 99268.19. (Amended by Stats. 2021, Ch. 81, Sec. 8.)

California Statutes

§ 99268.19. — 99268.19. (Amended by Stats. 2021, Ch. 81, Sec. 8.)

California § 99268.19.

JurisdictionCalifornia

Code PUCPublic Utilities Code - PUC

Div. 10.DIVISION 10. TRANSIT DISTRICTS

Part 11.PART 11. PROVISIONS APPLICABLE TO ALL PUBLIC TRANSIT

Ch. 4.CHAPTER 4. Transportation Development

Art. 4.ARTICLE 4. Claims for Funds

This text of California § 99268.19. (99268.19. (Amended by Stats. 2021, Ch. 81, Sec. 8.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Public Utilities Code - PUC Code § 99268.19. (2026).

Text

If fare revenues are insufficient to meet the applicable ratio of fare revenues to operating cost required by this article, an operator may satisfy that requirement by supplementing its fare revenues with local funds and calculating all free and reduced transit fares at their current full retail value. As used in this section, “local funds” means any nonstate grant funds or other revenues generated by, earned by, or distributed to an operator.

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If fare revenues are insufficient to meet the applicable ratio of fare revenues to operating cost required by this article, an operator may satisfy that requirement by supplementing its fare revenues with local funds and calculating all free and reduced transit fares at their current full retail value. As used in this section, “local funds” means any nonstate grant funds or other revenues generated by, earned by, or distributed to an operator.