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8/13/2012



Rail News: Rail Industry Trends

Massachusetts Gov. Deval Patrick signs $1.5 billion transportation funding bill


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Last week, Massachusetts Gov. Deval Patrick signed the 2012 Transportation Bond Bill that authorizes a total investment of $1.5 billion for fiscal-year 2013, including $885 million in state funds that leverage federal dollars for state road, bridge, rail and regional transit projects.

The bill continues funding for the final year of the state’s five-year transportation bond measure approved in 2008, Massachusetts Department of Transportation officials said Friday in a department blog post.

“Our transportation infrastructure has suffered from years of neglect, so this administration started rebuilding roads, rails and bridges in every corner of our state, and creating thousands of jobs,” Patrick said. “This is how we are strengthening our state’s economy and quality of life for the long term.”


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