Half-a-Penny for Your Transit?

After being signed by California Governor Arnold Schwarzenegger, a half-cent sales tax increase will appear on the November ballot in Los Angeles County, where it would create a fund for public transit projects.
September 26, 2008, 11am PDT | Nate Berg
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"The governor signed about 30 bills Thursday, including measures to solve a shortage of math and science teachers; weed out incompetent paramedics; toughen enforcement on child care centers; and provide treatment for thousands of uninsured patients diverted after the closure of Martin Luther King Jr.-Harbor Hospital."

"One of the bills allows Los Angeles County to put a half-cent-on-the-dollar sales tax increase on the Nov. 4 ballot to raise $40 billion over 30 years for mass transit projects, including a proposed subway to the sea. It must be approved by two-thirds of voters."

"Although the county Metropolitan Transportation Authority acted in July to seek an increase in the county's sales tax from 8.25 cents to 8.75 cents on the dollar, the power to tax would have expired in six years without the governor's signature on the bill extending the authority for 30 years."

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Published on Friday, September 26, 2008 in Los Angeles Times
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