SB 125 requires CalSTA to establish and convene the Transit Transformation Task Force on or before January 1, 2024, and include representatives from the department, various local agencies, academic institutions, nongovernmental organizations, and other stakeholders.

2025年1月10日 · Further, as outlined in SB 125, which amended the Budget Act of 2023, and affirmed in the Budget Act of 2024, it is the intent of the Legislature to: (1) provide one-time multiyear bridge funding for transit operators to address operational costs

To that end, SB 125 specifies that the moneys appropriated in the Budget Act of 2023 may be used for high-priority transit capital projects within the project eligibility categories allowed under TIRCP in Cycle 6, and also for transit operating expenses …

SB 125 TRANSIT AND INTERCITY RAIL CAPITAL PROGRAM & ZERO EMISSION TRANSIT CAPITAL PROGRAM ABOUT THE PROGRAM SB 125 includes two funding sources: The Transit and Intercity Rail Capital Program (TIRCP) and the Zero Emission Transit Capital Program. Population-based formula funding allocated to Tahoe

• SB 125 guides the distribution of $5.1 billion in General Fund + GGRF • Funds can be used flexibly to support transit operations or priority capital improvements • Intent was to provide one-time multiyear bridge funding for transit operators to address operational costs until long-term transit sustainability solutions are identified

2024年7月8日 · As part of Senate Bill 125 (2023), a total of $5.1 billion will be distributed among regional transportation planning agencies over the course of multiple years. This funding comes with the flexibility to pay for transit operations or capital improvements.

2024年5月31日 · With a budget shortfall and a projected deficit looming, the Governor’s Administration has implemented a spending freeze on transit funds committed through SB 125 in 2023. Here’s what the Association is doing to get the funds allocated as promised, and how member agencies can get involved in the effort.

Action: 2023-07-10 - Chaptered by Secretary of State. Chapter 54, Statutes of 2023.

2023年11月15日 · The Metropolitan Transportation Commission (MTC) today adopted the framework for the $300 million regional contribution to complement Senate Bill (SB) 125 emergency transit operations funding for...

2024年12月27日 · SB-125 significantly reconfigures California’s approach to financing transportation infrastructure. The bill delineates a multifaceted funding strategy that draws from various state and federal sources.