Governing: State officials announced Thursday that $2.4 billion from increases in the gas tax and vehicle fees will be spent on dozens of transit projects, including work to prepare Southern California for the 2028 Summer Olympics.
The announcement came just before Republican activists plan to file signatures for a ballot initiative to repeal the increases.
An additional $1.9 billion for the projects will come from funds collected by the state's landmark climate change program, which requires polluters to buy carbon emission credits, the officials said.
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