Amends GS 124-5.1 concerning the use of funds deposited into the Freight Rail & Rail Crossing Safety Improvement Fund (Fund) within the Highway Fund, providing that proceeds from the Fund may be used for short-line railroad assistance in addition to being used for the enhancement of freight rail service and railroad-roadway crossing safety. Provides that the use of the proceeds of the Fund can include short-line railroad projects not specified in the statute.
Amends GS 136-44.39 making technical and clarifying changes concerning the use of funds from the Rail Industrial Access Program and the Short Line Infrastructure Access Program, to give assistance to short line railroads.
SHORT-LINE RRS ASSISTANCE.
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| View NCGA Bill Details(link is external) | 2015-2016 Session |
AN ACT TO CLARIFY THAT THE FREIGHT RAIL AND RAIL CROSSING SAFETY IMPROVEMENT FUND MAY BE USED TO ASSIST SHORT-LINE RAILROADS.Intro. by J. Davis, Rabon.
Status: Re-ref Com On Appropriations/Base Budget (Senate Action) (May 11 2016)
Bill History:
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Tue, 26 Apr 2016 Senate: Filed(link is external)
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Wed, 27 Apr 2016 Senate: Passed 1st Reading(link is external)
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Wed, 11 May 2016 Senate: Reptd Fav(link is external)
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Wed, 11 May 2016 Senate: Re-ref Com On Appropriations/Base Budget(link is external)
S 761
Bill Summaries:
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Bill S 761 (2015-2016)Summary date: Apr 26 2016 - View Summary
View: All Summaries for Bill