Rule 14-73.001, F.A.C., is substantially rewritten. The rule title and the chapter title are changed from “Public Transportation” to “Public Transit.” The purpose of these changes is to improve the quality of Transit Development Plans (TDPs) by extending the plans from five years to ten years, requiring updates every five years instead of every three years, making the annual report, public involvement, demand estimation requirements more explicit, requiring plan approval, and establishing a deadline for said approval in order to qualify for grant funding. The effect will be to provide better planned and, thus, improved public transit services, and to provide the State with improved estimates of transit needs over a longer period of time.