Senator Price Praises Passage Of High Speed Rail Bill
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July 17, 2012
Culver City Senator Curren D. Price, Jr. praises the State Senate’s approval of SB 1029, legislation that authorizes the initial financing and construction of California’s High Speed Rail system, by a vote of 21-16.
The bill passed includes $5.8 billion for construction in the Central Valley, as well as nearly $2 billion to improve regional rail systems in the Los Angeles and San Francisco areas and to connect them to high-speed rail.
Throughout the past year, Senator Price has led the effort to ensure that the California High Speed Rail Authority sets standards for small business involvement in contracting during all phases of this massive public works project by holding Town Hall meetings, authoring legislation and sponsoring informational hearings of the Senate Select Committee on Procurement, which he chairs.
Price, Jr. issued the following statement after the floor vote. “This is a momentous moment for small businesses in California. This project will bring thousands of jobs and open up opportunities for small businesses, which are the economic engines of our state.”
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