Georgia Gov. Nathan Deal yesterday signed into law a bill that allows the city of Atlanta to pursue a half-cent sales tax to expand the Metropolitan Atlanta Rapid Transit Authority‘s (MARTA) system.
Under the law, the city this fall can hold a ballot referendum that allows residents to vote on the sales tax measure, MARTA officials said in a press release.
The tax would generate an estimated $2.5 billion over the next 40 years for rail and bus projects within Atlanta city limits. The expansion would likely include a light-rail system in Atlanta’s Beltline area, the Atlanta Journal-Constitution reported.
The new law marks a “great first step forward in delivering the kind of transit improvements that people have been telling us they’ve wanted to see for a very long time,” said MARTA General Manager and Chief Executive Officer Keith Parker.
The legislation also leaves room to negotiate with…
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