SB 1189 Summary

• Appropriates $523,400,000 from the High-Speed Passenger Train Bond Fund to the Department of Transportation for allocation by the California Transportation Commission

• Funds distributed according to guidelines adopted by the Commission on February 24, 2010, for eligible intercity and commuter rail line and urban rail system projects that provide connectivity to high-speed rail or enhance capacity and safety

• Of the $950 million total bond authorization, $190 million is allocated to three state-supported intercity rail lines (Capitol Corridor, San Joaquin, and Pacific Surfliner) and $760 million to other commuter and urban rail operators

• Eligible rail operators must provide matching funds equal to at least the amount of state bond funds allocated to their projects, leveraging additional transportation investment

• Projects funded are estimated to support at least 15 capital improvement and safety projects statewide, generate nearly 200,000 jobs, and leverage over $4.9 billion in non-state transportation funds