VIRGINIA LOCKS IN ITS SHARE OF CAPITAL FUNDING FOR METRO
RICHMOND -- Today, on the final day of the 2018 regular session, the Virginia General Assembly passed an omnibus package -- SB 856 and HB 1539 -- that will ensure a collaborative source of funding for Metro, in anticipation that similar funding packages are adopted by Maryland and the District of Columbia. The proposal, introduced in the Senate by Senate Democratic Leader Dick Saslaw (D-Fairfax), dedicates $150 million in capital funding to Metro to address the current deficiencies in the system.
After the vote, Senator Saslaw said, “The biggest problem we have with Metro is that we haven’t seen any significant capital investment in the system since the 1970s. There were some management problems over the last 10 years or so which have led to where we are today, but we have a new general manager who is addressing that and things are already getting a lot better. This investment will help us stay with that trend. Metro is the backbone of our economy up in northern Virginia and this investment is critical as reforms continue.”
Speaking to the measure on the Senate Floor, Senator George Barker (D-Fairfax) said, “We will fix the system, making it the shining star that it was previously, which will help tremendously in terms of the economy of Virginia. It will help tremendously with things such as the Amazon proposal that we have right now. We need it, the people of Virginia need it, we are already making it better and it will improve dramatically with this bill.”