A System for Growth

NEVCA-supported Recommendations to Fund the Transportation System the MA Economy Needs

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To the Honorable Massachusetts Legislature,

In March, Speaker DeLeo and Senate President Spilka asked the business community to develop revenue solutions to respond to the current transportation crisis, and we took action.

Enclosed you will find a set of recommendations that business leaders across the Commonwealth have developed.Over the past six months, we gathered to learn about the issues impacting our communities and developed solutions to invest in a transportation system that works for us all.

While this is a statewide issue, Metro Boston businesses generate 84% of the state’s GDP and account for 74% of its jobs. The solutions outlined will allow us to transcend beyond a state of good repair and serve our economy immediately and over the next generation.

Having reviewed a range of options to raise revenue for transportation, the attached recommendations are invaluable tools that reduce congestion and generate the revenue needed to invest in our systemwide transformation.

We understand that this problem is complex, and that it will take a lot of people coming together to solve it — but solving complex problems is what we do in the Greater Boston business community and we look forward to remaining part of the solution.

Best regards,

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New England Venture Capital Association (NEVCA) members support entrepreneurs winning. Great VCs depend on great entrepreneurs.

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