SACRAMENTO— The California Legislature passed SB 1 – the transportation funding bill that would generate more than $5 billion annually over 10 years – late Thursday evening. The State Senate voted 27-11 and the Assembly voted 54-26, securing the two-thirds votes required to pass the bill. The bill will now go to Gov. Jerry Brown, who is expected to sign.
“We thank Transportation Chairs Senator Beall and Assemblymember Frazier, as well as Gov. Brown for hearing our plea and carrying this bill through,” Associated General Contractors of California Chief Executive Officer Tom Holsman said.
Pleased with Thursday’s outcome, Holsman stated, “This is a win to fix California roads. We have been at the forefront of this nearly two-year ‘Fix Our Roads’ campaign and have fought for over a decade to encourage state legislators to find an adequate solution for the state’s infrastructure woes.”
“Thursday’s passing of SB 1 pushes California in the right direction and moves the industry further along, specifically in job opportunities,” he added.
In addition to fixing California roads, SB 1 could create thousands of jobs within the state. For every $1 billion spent on infrastructure, 28,000 jobs are created or sustained. About 10,000 of those are direct construction jobs and is followed by a ripple effect on economic revenue to local businesses.
“The numbers speak for themselves,” Holsman said. “The opportunities in construction and in the construction industry will flourish. The work picture will be very strong for the coming years.”
AGC of California would also like to thank its members who took the time to attend rallies and call their legislators to urge them to pass this important infrastructure funding plan. This bill would not have passed without their “voice”. Its passing is a monumental industry victory.