70 ILCS 3615/3A.09: Powers.

(a) The Suburban Bus Board shall:

(1) oversee the operations and management of the Service Board;

(2) convey the Authority's goals, priorities, and requirements to the Service Board; and

(3) convey information, concerns, and recommendations from the Service Board to Authority leadership.

(b) The Suburban Bus Board shall manage the debt that was issued and outstanding by its service board predecessor to ensure that the obligations owed to bondholders are fulfilled.

(c) The Suburban Bus Board shall not have the power to issue new debt other than debt or other financial instruments designed to refinance or retire debt that was issued and outstanding on the effective date of this amendatory Act of the 104th General Assembly.

(d) The status and rights of employees of the Suburban Bus Board under any applicable statutes, any applicable collective bargaining agreements, or any pension, retirement, or annuity plan shall not be affected by this amendatory Act of the 104th General Assembly.

(e) In addition to any powers elsewhere provided to the Suburban Bus Board, it shall have all of the powers specified in Section 2.20 of this Act, except that the powers specified in Section 2.20(a)(v) must be delegated to the Suburban Bus Board by the Board of the Authority.

(f) The Suburban Bus Board shall also have the power:

(1) to cooperate with the Authority in the exercise by the Authority of all the powers granted it by such Act;

(2) to receive funds from the Authority pursuant to Sections 2.02, 4.01, 4.02, 4.09 and 4.10;

(3) to receive financial grants from the Authority or a Service Board upon such terms and conditions as shall be set forth in a grant contract between either the Suburban Bus Division and the Authority or the Division and another Service Board, which contract or agreement may be for such number of years or duration as the parties agree;

(4) to perform all functions necessary for the provision of paratransit services under Section 2.30 of this Act; and

(5) to adopt ordinances and make all rules and regulations proper or necessary to regulate the use, operation, and maintenance of its property and facilities and to carry into effect the powers granted to the Suburban Bus Board, with any necessary fines or penalties, such as the suspension of riding privileges or confiscation of fare media under Section 2.40, as the Board deems proper.

(g) The Suburban Bus Board shall use powers delegated to it by the Authority to oversee the delivery of public transportation in the metropolitan region, provided that the Authority shall retain primary responsibility for setting fares, service standards, schedules, and coordinated fare collection so that the public transportation system in the metropolitan region operates on a one-network, one-timetable, one-ticket model for transit users.