U.S., California/Nevada: California OKs $600 Million in bonds for Virgin Trains high-speed rail project

By Mick Akers, Las Vegas Review-Journal; April 14, 2020

A California finance committee Tuesday unanimously approved the allocation of $600 million in tax-exempt bonds to go toward the Virgin Trains USA high-speed rail project between Las Vegas and Southern California.

The California Debt Limit Allocation Committee approved the bonds to go toward what’s formally known as XpressWest, the $4.8 billion rail project that would run from Victorville, California, to Las Vegas.

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