The Senate passed with overwhelming bipartisan majority S.B.1446 [1], Governor Bob McDonnell’s $4 billion transportation bill. Senators voted 34-6 in favor of the bill.
This comes on the heels of last week’s House vote of 65-33 to pass H.B. 2527 [2].
McDonnell said in today’s press release:
“With each new vote in the General Assembly recognizing the merits of our transportation program, we are moving closer to jumpstarting needed transportation projects that will reduce congestion, create jobs and open additional parts of the Commonwealth to economic development while creating a rail operating and capital fund to ensure the continuation of Virginia’s passenger rail system,” said McDonnell in a press release. “This fiscally conservative plan leverages our available resources and bonding authority to expedite the important transportation improvements we need. It also saves taxpayers money by capitalizing on some of the best interest rates and construction bids in modern history.”