HARTFORD, Conn. (CBSNewYork/AP) — Republican legislators are proposing a 30-year, $37.4 billion plan to pay for a proposed overhaul of Connecticut’s transportation system without resurrecting tolls.
The plan was unveiled Tuesday, about a week before Democratic Gov. Dannel P. Malloy will present his two-year budget and transportation initiative.
Both Senate and House Republicans propose dedicating a set amount of bonds to be used solely for transportation projects, starting with $441.5 million in fiscal year 2016. That would complement the approximate $600 million in bonding already spent annually for transportation.