Leadership Group Celebrates the Passage of SB 595 as It Now Heads to Senate

SAN JOSE, CA – The Silicon Valley Leadership Group, representing 375 of Silicon Valley’s largest and most well respected employers, celebrated the California State Assembly passage of Senate Bill 595 (Beall) that will provide major transportation and infrastructure improvements throughout the nine county Bay Area. The bill now heads to the State Senate where the Leadership Group hopes for passage and for Governor Brown to sign into law. The Leadership Group was proud to work with the Bay Area Council, the California Alliance for Jobs and SPUR to see this bill through. 

“Working with key stakeholders allowed this coalition the opportunity to find balance and fairness within SB 595. A compromise between the entire Bay Area on how these funds are invested is integral to our success,“ said Carl Guardino, President and CEO of the Silicon Valley Leadership Group and a Governor Brown appointee to the California Transportation Commission. “Our ability to work collaboratively towards a common goal – easing gridlock  on our Bay Area roads in order to improve quality of life for our workers and their families spells success for everyone in the Bay Area. It is through this lens that we support Senate Bill 595 by Chairman Beall.

Polling done in June 2017 shows strong voter support for Regional Measure 3. The survey by FM3 of nearly 9,500 voters found 56 percent support for RM3, exceeding the 50 percent threshold needed for passage.Once signed by the Governor, the bill will move to the voters of the nine county Bay Area. Regional Measure 3 may raise up to $4.2 billion through bridge toll increases ranging from $1 to $3. Upon voter approval, the the following important projects will receive funding for planning, operational and infrastructure upgrades: 

  • BART to Silicon Valley Phase II
  • Modernization of San Jose’s Diridon Station
  • Caltrain Downtown SF Extension
  • Dumbarton Rail/ACE Train/BART/Shinn Station
  • Additional BART Cars
  • Plannnig for a second transbay tube

If interested in an interview on SB 595 and what comes next, please contact Kimberly Ellis, SVP Communications and Marketing at kellis@svlg.org / 408.501.7853 or Nancy Sanchez, Senior Director of Communications at nsanchez@svlg.org / 408.501.7879. 

 

On September 13th, 2017, posted in: Uncategorized by