A key legislative panel is wrapping up work on a bill that would create a financial control board to oversee the troubled Boston-area transit system for at least three years.
Members of the Transportation Committee were voting on the proposal Tuesday. If approved it would then go to the full House and Senate for action.
Gov. Charlie Baker proposed the five-member control board to oversee the MBTA after record-setting snowfall exposed major weaknesses in the system this past winter.
The committee's bill is not expected to give the board greater authority over fares and labor union contracts, as sought by the governor.
Aside from the MBTA, the measure would provide additional financial resources for regional transit authorities around the state.