Transit Empowerment Legislation
Local option funding will be a critical component of our area's future ability to advance a new regional transit system in the Triangle.
On August 10, 2009 the NC Legislature approved House Bill 148, the Intermodal / transit local options bill, with significant bipartisan support. This means that the Triangle region now has several additional tools in our mobility funding toolbox to make critical transit investments.
Each new revenue option...
-- County local option sales tax,
-- County local option vehicle registration fee, and
-- Regional option vehicle registration fee increment
...will enable our area to make additional investments in our mobility future. In addition, the Research Triangle Park also received an additional transit investment funding option. To learn the funding opportunities associated with the bill, click here (see top of pages 3 and 4).
Each of these options would only be enacted when the community or region is ready to expand transit service offerings. But these provisions, and the passage of S750 in 2009 which provides the state with more flexibility to assist local areas with capital funding for transit projects, represent significant improvements in our ability to advance transit in our market


