At the moment, LA Metro has authority to deliver P3 projects under the Streets & Highway Code (section 143), but this will lapse on 31 December 2016.
The Bill 12 is expected to improve LA Metro's ability to implement P3 projects for transport infrastructure. The new bill would, among others:
It is expected that this bill, which was first introduced and read on 26 August 2015, will improve LA Metro's capacity to faster and efficiently improve transportation infrastructure in the County of Los Angeles through the P3 program.
LA Metro is the public transportation operating agency for the County of Los Angeles formed in 1993 out of a merger of the Southern California Rapid Transit District and the Los Angeles County Transportation Commission. It is chartered under state law as a regional transportation planning agency (RTPA).
LA Metro directly operates bus, light rail, heavy rail, and bus rapid transit services. It provides funding and directs planning for commuter rail and freeway/expressway projects within Los Angeles County.