Bill > SB63

This bill establishes the Public Transit Revenue Measure District across five San Francisco Bay Area counties (Alameda, Contra Costa, San Mateo, Santa Clara, and San Francisco) to create a new regional transit funding mechanism. The bill would authorize a retail transactions and use tax of 0.5% in most counties and 1% in San Francisco, subject to voter approval in the November 2026 election. If approved, the tax would last 14 years and generate funding for various transit agencies like BART, AC Transit, Muni, Caltrain, and others. The bill requires a comprehensive financial efficiency review of major transit operators, mandating that they identify cost-saving measures and develop implementation plans. It also establishes an independent oversight committee to ensure proper fund allocation and creates an ad hoc adjudication committee that can withhold up to 7% of funding from transit operators if they fail to meet specified performance standards. The legislation aims to improve public transit service, increase ridership, enhance financial transparency, and support regional transportation goals by providing a dedicated funding source while implementing accountability measures for transit agencies.

Budget and Finance, Transportation and Infrastructure

https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202520260SB63