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Assembly package restores transit and housing investments; limits greenhouse‑gas fund transfers to Cal Fire
Summary
The legislative package adopted by the Assembly Budget Committee restores major transit and housing investments that were zeroed out in the governor’s May revision, authorizes loans for Bay Area transit agencies and narrows proposed transfers from greenhouse‑gas reduction funds to CAL FIRE.
The Assembly’s adopted subcommittee actions include several measures aimed at stabilizing public transit and renewing housing and homelessness funding.
Transit: Members highlighted a $750 million loan authorization to Bay Area transit agencies — including BART, San Francisco Municipal Transportation Agency, Peninsula Corridor Joint Powers Board (Caltrain) and AC Transit — intended as short‑term operating support. Assemblymember Wilson (transportation chair) called the loan a “critical lifeline” while also noting the legislature’s commitment to restoring $1.07 billion in…
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