Notice requirement to the legislature regarding certain light rail transit project changes

Summary

The bill adds a new requirement that the agency overseeing a light rail project must inform the chairs and ranking minority members of the transportation and finance committees within seven days if the project's cost estimate rises by five percent or more, or if its completion date slips by six months or more. The notification must include a summary of the new cost and schedule and explain the reasons for the change. This aims to give lawmakers timely insight into significant project changes.

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