California § 99268.2. 99268.2. (Amended by Stats. 2015, Ch. 716, Sec. 4.)

California Statutes

§ 99268.2. — 99268.2. (Amended by Stats. 2015, Ch. 716, Sec. 4.)

California § 99268.2.

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 § 99268.2. (99268.2. (Amended by Stats. 2015, Ch. 716, Sec. 4.)) 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 § 99268.2. (2026).

Text

In the case of an operator required to be in compliance with Section 99268 under Section 99268.1, the operator may be allocated additional funds that could not be allocated to it because of those requirements, if it maintains, for the fiscal year, a ratio of fare revenues to operating cost, as defined by subdivision (a) of Section 99247, at least equal to one-fifth if serving an urbanized area or one-tenth if serving a nonurbanized area.

Free access — add to your briefcase to read the full text and ask questions with AI

In the case of an operator required to be in compliance with Section 99268 under Section 99268.1, the operator may be allocated additional funds that could not be allocated to it because of those requirements, if it maintains, for the fiscal year, a ratio of fare revenues to operating cost, as defined by subdivision (a) of Section 99247, at least equal to one-fifth if serving an urbanized area or one-tenth if serving a nonurbanized area.