TO: AC Transit Board of Directors
FROM: Michael A. Hursh, General Manager
SUBJECT: Monthly Legislative Report
BRIEFING ITEM
RECOMMENDED ACTION(S):
Title
Consider receiving the Monthly Legislative Report.
Body
STRATEGIC IMPORTANCE:
Goal - Strong Public and Policymaker Support
Initiative - Financial Efficiency and Revenue Maximization
The Monthly Legislative Report helps the District track state, regional and federal legislation to ensure alignment with the District's Strategic Plan and the specific goal of having strong public and policy maker support. Policy decisions at all levels of government can positively or negatively affect District operations and revenues and as such, are important to track and influence as needed.
BUDGETARY/FISCAL IMPACT:
There is no budgetary or fiscal impact associated with this report.
BACKGROUND/RATIONALE:
Federal Update
Congress has delayed floor action on the bipartisan, $1.2 trillion Infrastructure Investment & Jobs Act (IIJA) while White House and Congressional Democratic leaders negotiate elements of the $3.5 trillion human infrastructure bill being considered under the reconciliation process. Early reports indicate that the reconciliation bill will be scaled back to between $1.5 - $2 trillion. Speaker Pelosi has set an October 31 deadline to try to pass both the IIJA and the reconciliation bill.
As previously noted, the surface transportation programs have been extended through October 31 and a Continuing Resolution will fund the government through December 3. On October 12, the House passed an extension of the debt ceiling. The legislation now goes to President Joe Biden, who plans to sign it, thus averting a default until early December. If not raised again in December the government will not be able to pay what it owes and will default on its loans.
State Update
Governor Gavin Newsom wrapped up his signings and vetoes of legislation October 9, prior to the October 10 deadline. The Governor signed b...
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