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 That would allow the state to collect about $3.2 billion in federal funding that could have been rescinded if lawmakers failed to act Friday.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.
California bullet train passes major hurdle
State senate approves billions of dollars for first high-speed rail line in U.S.
POSTED: 03:43 PM PDT Jul 06, 2012
UPDATED: 04:45 PM PDT Jul 06, 2012
State of California/KESQ
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