''An Act to privatize the public transportation systems in the Kodiak Republic, specifically the bus, air, and high speed rail services, in order to reduce government expenditure, increase efficiency, and lower transportation fees for the citizens.''

# A total of 650500 million florins annually will be used to fund all operations and pay for the salaries of the workers of the SCA.

# The bus transportation services of the National Motor Vehicle Service (NMVS) andwill Kodiakundergo Statea Railwayprocess Managementof Companytransition willto undergoa privatizationPublic Private Partnership, transferringsharing ownership, budget, revenue and management by 50% from the public sector towith other private entities, each managing its share in one region.

# ConductIt awill transparentbe biddingallowed process to allowfor private companies to apply for licenses to operate bus, air, and rail services, while ensuring fair competition and equal opportunity for all bidders.

# Private companies must adhere to strict national safety standards for all transportation services determined by the Ministry of Transportation. Surprise regular inspections and audits by the STCA shall be done so the standards are followed thoroughly in order to provide a safe service.

# Set maximum fare limits todecided ensurebetween affordabilitythe forSTCA and private entities in the publicPPP setto byensure affordability for the STCApublic. Allow for periodic fare adjustments based on inflation and operational costs, subject to STCAboth parties' approvalaproval.

# Offer tax incentives for private companies investingwho insupport greenresearch andprojects sustainableon transportation technologies such asnew transportation usingtechnology onlyreducing renewablethe energyCapital andGains financially supporting research of said technologies to a maximum reductionTax to 15% of the capital gains tax.

# Develop key performance indicators (KPIs) for privatethe companies. Conduct annual performance reviews and publish reportsPPP.

# Private companies involved in the privatization transition are mandated to regularly provide quarterly reports, such as financials, metrics, and publish documentation to the STCA.

# The transition plan for the transfer of services from public to private entities shall be done in no more than fourthree years. The Transportation Ministry together with the STCA shall ensure minimal disruption to existing services during the transition period.

# Local governments of municipalities and cities are granted the discretion to determine thewether extentthey andshall mannerapply the ofsame privatizationreorganization for public transportation within their jurisdictions.

# It is suggested that local governments conduct public consultations through transparent means to gather input from residents, businesses, and other stakeholders on the preferredinterested levelprivate of privatizationentities in order to make the preferred reforms in the preferred way the local citizens wish.

# Local governments must coordinate with the STCA to ensure alignment with the Act if they are to transition to a morePPP privatized and standardssystem, while being provided guidance, support, and oversight by the agency.