Much of this is speculative or potential, work-in-progress at the Legislature, and it's probably not a good idea to focus too much on one detail or another. But it's not nothing!
You may recall from the fall that some bonus money in our current cycle is funding a seismic study to formulate a plan for the bridge, and today's agenda item talks about a chance that construction on it could be funded as part of the omnibus Transportation Package.
The agenda item in question is an update on the meetings of the Joint Committee on Transportation Preservation and Modernization. SKATS has been monitoring one of the subcommittees, the Congestion Work Group:
[The full Joint] Committee members were divided into four work groups....SKATS and Central Lane MPO staff have been following the discussion at meetings of the four-legislator Congestion Work Group led by committee Vice-Chair Senator Boquist (Dallas). This work group’s focus has been on major congestion issues in the Portland area....[italics added]