Governor to sign major transportation bill

Gov. John Hickenlooper plans to sign several measures this week, but none more significant than a measure to boost funding for transportation.

On Thursday, the governor will travel to Loveland to sign SB1.

The measure was introduced by Republicans in the GOP-led Colorado Senate as a massive bonding bill. As it was, however, it had little chance of passing the Democratic-controlled House because, according to the governor, it called on the state to dedicate too much money to paying off the bonds — which would have cost about $5 billion — risking cutting into other needed programs such as education.

But after some last-minute negotiations on both sides of the political aisle, the bill was changed. It now calls for putting millions of dollars into roads and multimodal transportation projects over the next 20 years, including issuing some bonds.

Read more: https://www.gjsentinel.com/news/western_colorado/governor-to-sign-major-transportation-bill/article_ad86e0cc-623b-11e8-8e4d-10604b9f6eda.html