Posted: Jul 6, 2012 9:37 PM
SACRAMENTO, CA - California lawmakers have approved billions of dollars in construction financing for the first segment of what would be the nation's first dedicated high-speed rail line, eventually connecting Los Angeles and San Francisco.
The state Senate voted 21-16 on a party-line vote Friday after intense lobbying by Gov. Jerry Brown, Democratic leaders and labor groups.
The bill authorizes the state to begin selling $2.6 billion in voter-approved bonds to build an initial 130-miles stretch in the Central Valley. That would allow the state to collect about $3.2 billion in federal funding that could have been rescinded if lawmakers failed to act Friday.
Critics call the bullet train a boondoggle, but supporters hailed the vote as the start of a much-needed infrastructure project. The bill also includes about $1.9 billion in funds for local rail projects.
The bill, which passed the state Assembly, now heads to the governor.
Check out the latest events FC Tucson has scheduled.
Help those in need this holiday season
Click here to submit a news tip to us!
Become a Facebook Fan!
Sign up on KVOA.com for newsletters, exclusive deals, and more!
Win! Win! Win!
Get news, weather and more on your smartphone and tablet!
Get texts for news, traffic, deals and more!
Stories and videos with Kristi's Kids
What's happening on News 4 @ 4
Let us help grow your business
What's on KVOA and when!
Contact info for our department heads
FCC Public File of Records, Reports, and More
KVOA's on air personalities!
Work at News 4 Tucson
Complete feeds of all KVOA.com stories