The $2 trillion stimulus package making its way through Congress includes more than $1 billion for New Jersey Transit, U.S. Sen. Cory Booker said Wednesday.

In fact, the bill likely will include the full $1.25 billion the transit system requested to make up for the drop in farebox revenue and its extra expenses due to the coronavirus, said Booker, D-N.J.

“The coronavirus pandemic has touched nearly every aspect of New Jerseyans lives, from our health care system to our economy to the ways we move around," Booker said. “Even NJ Transit, a vital means of transportation for countless New Jerseyans and an economic driver for our state, is feeling significant impacts from this crisis.”

Kevin Corbett, president and chief executive of NJ Transit, has said the system could lose as much as $1.25 billion by the end of fiscal year 2021. The state has ordered most New Jerseyans to stay at home and closed non-essential businesses.

The money will come from the $25 billion in the stimulus bill earmarked for public transit grants. Booker said the allocations are based on existing formulas and therefore would provide more than $1 billion and probably the entire amount that NJ Transit asked for.

The Federal Transit Administration will determine the final total.

“We are extremely grateful for the steadfast support of the entire New Jersey Congressional delegation and their tireless advocacy in fighting on behalf of NJ Transit’s interests in Washington DC,” said Nancy Snyder, an agency spokeswoman.

New York state’s Metropolitan Transit Authority will get $3.8 billion, according to U.S. Sen. Chuck Schumer, D-N.Y.

Booker said the transit systems should see the funding within a week after the legislation is signed into law.

NJ Transit is running fewer trains as fewer passengers are going to work and changed its bus boarding rules to practice social distancing. Ridership declines have hit the 90% mark, said Gov. Phil Murphy. Revenue from fares make up about 39% of the agency’s operating budget,

In addition, costs are up as NJ Transit disinfects and cleans its trains, buses and stations to try to prevent the virus from spreading.

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Larry Higgs may be reached at lhiggs@njadvancemedia.com. Follow him on Twitter @commutinglarry. Find NJ.com on Facebook.

Jonathan D. Salant may be reached at jsalant@njadvancemedia.com. Follow him on Twitter @JDSalant or on Facebook. Find NJ.com Politics on Facebook.

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