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.

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 …

Jan 10, 2025 · 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

Mar 25, 2025 · Senate Bill (SB) 125 In July 2024, California Governor Gavin Newsom signed two important bills into law — Assembly Bill (AB) 102, the Budget Act of 2023, and Senate Bill (SB) 125. SB 125 focuses on transportation and helps allocate $5.1 billion from AB 102’s budget.

Jul 10, 2023 · Existing law provides for the funding of public transit, including under the Mills-Alquist-Deddeh Act, also known as the Transportation Development Act.

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

The priority for SB 125 is to address the ‘fiscal cliff’, or structural operating deficits, facing the region’s transit agencies to prevent transit service from being cut. The funding can also support priority capital needs for the region’s transit agencies to replace and modernize buses, trains, and supporting infrastructure.

Jul 8, 2024 · 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.

May 31, 2024 · 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.