Finance Committee Advances Fenberg, Marchman Bill Aimed at Establishing Passenger Rail for Colorado
Legislation creates dedicated funding to leverage historic federal investment from the bipartisan Infrastructure Investment and Jobs Act for reliable, safe, and convenient transit and passenger rail for Colorado
DENVER, CO – Legislation aimed at leveraging millions in federal infrastructure funding to bring passenger rail service to Colorado and expanding public transportation options across the state cleared the Senate Finance Committee today.
SB24-184, sponsored by Senate President Steve Fenberg, D-Boulder, and Senator Janice Marchman, D-Loveland, would implement a congestion reduction fee that would be used to offset climate impacts and mitigate the congestion, and wear and tear on Colorado’s roads caused by rental vehicles. Revenue generated from the fee would create a sustainable funding source to be used as a matching source for federal investment opportunities for statewide transit and rail, as well as other forms of public transportation.
“For years Coloradans have been waiting for the promise of a fast, efficient passenger rail system that makes it easy, safe, and affordable to travel all across our great state,” Fenberg said. “Now, with the availability of critical federal funds through President Biden’s Infrastructure Investment and Jobs Act, we have a once-in-a-generation opportunity to deliver on that promise. I am excited to champion this effort that will secure more efficient transit options while cutting emissions, reducing traffic, and connecting communities across Colorado.”
“Expanding our transit system and making it easier for folks in my district to travel across our great state is a key priority of mine at the Capitol,” said Marchman. “Expanding passenger rail service will connect communities like mine with the rest of the state and save people both time and money on their commutes, all while emitting less pollution and reducing traffic. I am incredibly excited about this opportunity to expand our transit options so that more Coloradans can get where they need to go safely and efficiently."
The bill would encourage RTD, Front Range Passenger Rail, and the Colorado Department of Transportation (CDOT) to coordinate efforts to secure the funding needed to establish passenger rail service from Denver to Fort Collins.
It would also direct the Colorado Transportation Investment Office to use three studies in the near term to fund regionally important transit and rail projects originating from the Front Range Passenger Rail Service Development Plan, the Mountain Corridor Service Development Plan, and the Statewide Connectivity study that aims to build a more comprehensive statewide bus system, building on the successes of Bustang, Snowstang and Pegasus.
Finally, the bill encourages CDOT to consider public-private partnerships and other innovative funding structures throughout the state to fund a full suite of multimodal infrastructure projects, including bus and passenger rail, and would require a new, multimodal strategic capital plan that aligns with CDOT’s ten-year plan, statewide transit plans, greenhouse gas pollution reduction goals, and other greenhouse gas reduction priorities and pollution reduction planning standards.
SB24-184 is supported by local officials and organizations across Colorado, including:
Conservation Colorado
Southwest Energy Efficiency Project (SWEEP)
National Resource Defense Council (NRDC)
GreenLatinos
CoPIRG
Healthier Colorado
Sierra Club
Greater Denver Transit
YIMBY Denver
Jefferson County
Chambers of Commerce
Colorado AARP
SB24-184 will now move to consideration before the Senate Appropriations Committee. Track the bill’s progress HERE.