Daily Camera (Boulder)

Senate bill would provide funding

‘Congestion reduction fee’ would raise money to match federal investment

- By Bizwest staff

Sen. Steve Fenberg, D-boulder, and Sen. Janice Marchman, D-loveland, have introduced legislatio­n meant to leverage federal funding to bring passenger rail service to Colorado.

SB24-184 passed the Senate Transporta­tion & Energy Committee Wednesday. The bill would implement a “congestion reduction fee” that would be used to offset climate impacts and mitigate congestion and wear and tear on state roads caused by rental vehicles, according to informatio­n provided by Senate Democrats.

A state panel is evaluating whether and when to offer passenger rail along the Front Range, from Fort Collins to Pueblo, using existing freight lines. A route has been determined, and the panel will soon determine whether to ask voters for taxing authority to support the effort.

The Senate bill is meant to create a revenue source that can be used as a matching fund source for federal investment.

“For years Coloradans have been waiting for the promise of a fast, efficient passenger rail system that makes it easy, safe, and affordable to travel all across our great state,” Fenberg said. “Now, with the availabili­ty of critical federal funds through President Biden’s Infrastruc­ture Investment and Jobs Act, we have a once-in-ageneratio­n opportunit­y to deliver on that promise. I am excited to champion this effort that will secure more efficient transit options while cutting emissions, reducing traffic, and connecting communitie­s across Colorado.”

Likewise, Marchman said expanding the state’s transit system will make it “easier for folks in my district to travel across our great state.”

“Expanding passenger rail service will … save people both time and money on their commutes, all while emitting less pollution and reducing traffic,” she said.

The bill would encourage RTD, Front Range Passenger Rail, and the Colorado Department of Transporta­tion to coordinate efforts to secure the funding needed to establish passenger rail service.

It would also direct the Colorado Transporta­tion Investment Office to fund regionally important transit and rail projects originatin­g from the Front Range Passenger Rail Service Developmen­t Plan, the Mountain Corridor Service Developmen­t Plan, and the Statewide Connectivi­ty study that aim to build a more comprehens­ive statewide bus system, building on the successes of Bustang, Snowstang and Pegasus.

Finally, the bill encourages CDOT to consider public-private partnershi­ps and other funding structures. The bill’s progress can be tracked at leg.colorado.gov/bills/sb24-184.

This article was first published by Bizwest, an independen­t news organizati­on, and is published under a license agreement. © 2024 Bizwest Media LLC.

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