Press Releases
04/05/2018
Gov. Malloy Applauds Finance Committee’s Approval of Legislation to Help Stabilize Transportation Funding
(HARTFORD, CT) – Governor Dannel P. Malloy released the following statement regarding the vote this afternoon in the Finance, Revenue and Bonding Committee approving legislation that will help stabilize the state’s transportation funding in the long-term. The proposal, House Bill 5046, also received a favorable vote by the Transportation Committee on March 22.
“This is an important step forward as we work to ensure the long-term solvency of the Special Transportation Fund, and I applaud Finance Committee leadership,” Governor Malloy said. “The truth is that if we do not find new revenue, we will not be able to keep our roads, bridges, tunnels, and rails in a state of good repair, and we will be forced to significantly increase fares and dramatically reduce services on bus and rail services. If we fail to take action this year – on this bill and on my proposals to ensure the short-term viability of the transportation fund – we will put the safety of Connecticut drivers at risk and cause unnecessary harm to our economy.”
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