Creates the 10-member Study Committee on Metropolitan Planning Organizations to study the organization, structure, and oversight of metropolitan planning organizations, the role they play in transportation planning, and how to better match their role in planning while maintaining compliance with federal transportation requirements. Allows an interim report to the 2013 Regular Session of the General Assembly when it reconvenes in 2014 and provides that the committee terminates upon the earlier of the filing of the final report or the convening of the 2015 Regular Session of the General Assembly.