The Colorado House of Representatives passed a bill on March 7 which aims to boost ridership through the Regional Transportation District (RTD).
House Bill 21-1186 will provide greater flexibility to RTD to lower fares and take advantage of new revenue sources.
The bill will do the following:
- Remove the requirement for RTD to cover 30% of operating costs through fare revenue. This will allow RTD to reduce fairs in order to boost ridership.
- Allow RTD to develop district properties for retail, commercial or residential purposes.
- Allow RTD to contract with nonprofits and local governments to help lower operating costs.
The bill was introduced to the Senate and assigned to the Transportation & Energy Committee on April 9.