Transportation Funding Bill
SEPTA is on a roll to replace some of its aging infrastructure with resources provided by the Commonwealth’s new transportation funding bill, which just took effect.
The new plan would double SEPTA’s capital improvements budget over the next 5 years, from $300-million to $600-million.
Pennsylvania Governor Tom Corbett will put his signature on the biggest legislative achievement of his tenure Monday morning — a bill to raise major new funding for roads, bridges and mass transit.
Governor Corbett is slated to sign the transportation funding package passed by the state legislature. King of Prussia based GVF, which has been pushing for more infrastructure dollars, is looking forward to the projects to get rolling.
The speaker of the state house now says a vote on legislation to raise new funds for roads, bridges and mass transit won’t happen until next month at the earliest.
The amendment being drafted by Republicans who control the House would not only raise less funds for transportation overall than the Senate bill, it would, after the first five years at least, raise less than even what Governor Corbett has proposed.
As Governor Corbett presses for action on proposals to raise new funding for roads, bridges, and mass transit, the focus continues to be on differences between the state House, Senate and governor on the issue.