RTA-PLANNING

Amends the Regional Transportation Authority Act. Provides that the Authority shall have additional regional planning powers and responsibilities, including the power to require a Service Board to change its fare and transfer charges, the power to intervene in and arbitrate disputes between Service Boards, the power to conduct financial audits, and the power to create a "Regional Transit Innovations Fund". Provides that the Authority shall establish regional goals, objectives, and performance standards for the Service Boards. Provides that new powers and duties of the Authority shall sunset 10 years after the effective date. Provides that the Authority shall cooperate with the Chicago Metropolitan Agency for Planning, and shall use the forecasts, assumptions, and plans of the Chicago Metropolitan Agency for Planning as the basis for designing the Authority's 5-year plan, Annual Capital Improvement Plan, and other capital improvement plan. Makes other changes. Effective immediately.