{"code":"PUC","codeName":"Public Utilities Code","section":"99268.12","citation":"Pub. Util. Code, § 99268.12","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 10. TRANSIT DISTRICTS [24501. - 107025.]","url":"https://blackletter.si/public-utilities-code/division-10"},{"name":"PART 11. PROVISIONS APPLICABLE TO ALL PUBLIC TRANSIT [99150. - 99582.]","url":"https://blackletter.si/public-utilities-code/division-10/part-11"},{"name":"CHAPTER 4. Transportation Development [99200. - 99420.]","url":"https://blackletter.si/public-utilities-code/division-10/part-11/chapter-4"},{"name":"ARTICLE 4. Claims for Funds [99260. - 99273.]","url":"https://blackletter.si/public-utilities-code/division-10/part-11/chapter-4/article-4"}],"history":"Amended by Stats. 1987, Ch. 56, Sec. 157.","effective":null,"html":"<p>Notwithstanding Sections <a href=\"/puc/99268.2\">99268.2</a> and <a href=\"/puc/99268.3\">99268.3</a>, the transportation planning agency or the county transportation commission may set the required ratio of fare revenue to operating cost at not less than three-twentieths for an operator in a county with a population of 500,000 or less and serving an urbanized area where funds may be allocated under Article 8 (commencing with Section <a href=\"/puc/99400\">99400</a>). Prior to setting the required ratio, the transportation planning agency or the county transportation commission shall make findings specifying the reasons for its action.</p>","text":"Notwithstanding Sections 99268.2 and 99268.3, the transportation planning agency or the county transportation commission may set the required ratio of fare revenue to operating cost at not less than three-twentieths for an operator in a county with a population of 500,000 or less and serving an urbanized area where funds may be allocated under Article 8 (commencing with Section 99400). Prior to setting the required ratio, the transportation planning agency or the county transportation commission shall make findings specifying the reasons for its action.","otherVersions":[],"url":"https://blackletter.si/public-utilities-code/claims-for-funds-99268-12","source":"California Legislative Information bulk export (pubinfo)"}