Happy New Year Friends of TAGS,
TAGS has been a member of the Virginia Transit Association (VTA) for the past several years. VTA is a coalition of transit professionals from public and private organizations who know that public transportation is important to the individual mobility, a clean environment, and livable communities.
The Virginia General Assembly is off and running! Virginia Transit Systems look forward to new state funding generated by passage of HB 2313.
HB 2313 provides a new, growing annual revenue source, dedicating a portion of the 0.3% increase in the general sales tax to support transit and intercity rail projects in the Commonwealth (0.125%).
What this means for transit: $65 million in FY14 growing to $84 million by FY18 [($20 million annually IF Congress passes the Market Place Fairness Act by 2015; $300 million for Dulles Rail from road funds (to reduce project cost/tolls)].What this means for intercity passenger rail: $44 million in FY14 growing to $56 million in FY18; $257 million over 5 years.
Here is the link to VTA’s bill chart of key bills related to transit, transportation funding and policy for the 2014 legislative session.
**Once again this year TAGS is helping to sponsor the VTA Legislative Reception in Richmond.
on January 27, 2014. For a list of sponsors to-date, visit the VTA homepage.
All of our Friends of TAGS are welcome to attend.
Thank you for your support!
