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| TCAT (Tompkins County Area Transit) has closely followed the Transportation Bill debate because it stood to lose lose more than $200,000 a year or $1.2 million over six years in federal funding if an earlier draft had been passed. | |
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U.S. Senator Charles E. Schumer announced Tuesday that the joint House and Senate Transportation Conference Committee has agreed to include the full restoration funding to the critical 5340 High Density States Program in the final transportation bill set to be voted on later this week. Schumer explained that, as a part of the proposed transportation bill passed by the House a few weeks ago, a late amendment was agreed to that completely eliminated the 5340 Program. The elimination of this program would have cost New York State transit agencies roughly $100 million a year. Schumer, who was both chosen as transportation bill conferee, made restoring this program, and reversing the proposed cut, a top priority for the conference committee. Schumer announced today that, following his push, the final transportation bill will fully restore the 5340 program and, as a result, Upstate and Downstate transit agencies will no longer face devastating cuts. On top of that, the program will see an increase of roughly $18.5 million over the next five years.
"As a conferee, we were able to not only restore, but even increase, the funding the critical 5340 program receives. This is great news for Upstate and Downstate NY and a major victory for our regional transit agencies – because it means we have protected millions in critical transportation funding our agencies were set to receive over the next six years. With this funding, agencies like the NFTA, RGRTA and CDTA will be able to continue operating and keeping passengers safe," said Senator Schumer. "Our regional transit agencies have been lifelines for our communities and major drivers the New York State economy for a generation. This deal will ensure they can continue humming as that collective economic engine for Upstate New York in the years to come."
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