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  • Greg Steele
    The following bill just passed in the Pennsylvania, a blue state, USA. It doesn t provide funding but it provides a tool for places to obtain funding. The
    Message 1 of 1 , Dec 9, 2004
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      The following bill just passed in the Pennsylvania, a blue state,
      USA. It doesn't provide funding but it provides a tool for places to
      obtain funding. The surprising part, and good news, is that it was
      sponsored by a republican and passed without opposition. Maybe a
      silver lining to John Kerry not making transit an issue in his
      campaign, is that it is not perceived as a Democrat issue. Carole
      Rubley's district includes a small industrial town, Phoenixville,
      which would be revitalized by a proposed commuter rail line. Some of
      the same developers who had advocated for sprawl are now pushing for
      the train. Thanks go to Robert Cervero, who present's an argument
      that republicans can understand - you can make money by developing
      along a rail line.

      http://biz.yahoo.com/prnews/041208/phw043_1.html

      House Bill 994, sponsored by Rep. Carole Rubley (R-Chester,
      Montgomery), establishes the Transit Revitalization Investment
      District (TRID) Act. The legislation allows public transportation
      agencies to work with local municipalities to create TRIDs within an
      area around a railroad, light rail, busway or similar transit stop,
      in order to foster economic development, real estate development or
      redevelopment within the community and region, as well as promote
      public transportation improvements. Once a planning study has been
      completed, the TRID may be established, and the area adjacent to it -
      called the "value capture area" - will incrementally share in the
      increased tax revenues from real estate development within the TRID.
      Monies distributed from the increased tax revenues may be used for
      the purposes set forth in the TRID planning study. The bill passed
      the House, 194-0, and the Senate, 47-0, where it was amended. The
      House concurred and passed the bill, 194-1, with amendments. The
      Senate concurred and passed the bill, 47-0. The bill is effective in
      60 days.
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