Relates to the regulation of bus privatization contracts

This 2016 bill requires local governments to get state comptroller approval before privatizing public bus services. It mandates that transit authorities publicly disclose details about the proposed services, how worker benefits might change, and submit competitive bids. The contract must cost at least 15% less than current public operation, and the comptroller can reject proposals that fail to meet quality or cost standards. The bill directly affects city or county bus systems considering private contractors and ensures public oversight of such contracts.