California budget includes $750 million loan to stanch bloodletting for Bay Area transit

California’s budget will include a $750 million loan for Bay Area transit agencies, meant to tide them over until voters weigh a tax measure next year.

Additionally, the budget agreement recovers $1.1 billion in state greenhouse gas emission funds that had gone toward transit infrastructure in previous cycles.

“We fully protected public transportation funding, reversing all proposed cuts,” state Sen. Scott Wiener, a San Francisco Democrat, wrote in a post on the social media site Bluesky. During a panel discussion hosted by the Chronicle last week, Wiener described how he had nicely but persistently agitated in the Legislature for money to shore up transit…

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