Text: HSB00061 Text: HSB00063 Text: HSB00000 - HSB00099 Text: HSB Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. Section 327J.2, Code 1995, is amended by adding 1 2 the following new subsection: 1 3 NEW SUBSECTION. 4. APPROPRIATION. There is appropriated 1 4 from the general fund of the state to the fund, for the fiscal 1 5 year beginning July 1, 1996, and for each succeeding fiscal 1 6 year, the sum of two million five hundred thousand dollars, to 1 7 be used for the purposes designated in section 327J.3, 1 8 subsection 1. 1 9 Sec. 2. There is appropriated from the general fund of the 1 10 state to the passenger rail service revolving fund established 1 11 under section 327J.2, for the fiscal year beginning July 1, 1 12 1995, and ending June 30, 1996, the following amount, or so 1 13 much thereof as is necessary, to be used for the purposes 1 14 designated in section 327J.3, subsection 1: 1 15 .................................................. $ 4,000,000 1 16 EXPLANATION 1 17 This bill appropriates moneys from the general fund of the 1 18 state to the passenger rail service revolving fund. For the 1 19 fiscal year beginning July 1, 1995, and ending June 30, 1996, 1 20 the bill appropriates $4 million. For the fiscal year 1 21 beginning July 1, 1996, and each succeeding fiscal year, the 1 22 bill appropriates $2.5 million. The moneys are to be used to 1 23 pay the costs associated with the initiation, operation, and 1 24 maintenance of rail passenger service. 1 25 BACKGROUND STATEMENT 1 26 SUBMITTED BY THE AGENCY 1 27 In 1991, the states of Iowa, Illinois, and Nebraska 1 28 requested Amtrak to study establishing new rail passenger 1 29 service along the Chicago and Northwestern's main line between 1 30 Chicago and Council Bluffs/Omaha. Amtrak concluded that 1 31 service could be established under state sponsorship with 1 32 capital and operating expenses shared by the states and 1 33 Amtrak. 1 34 A prime consideration for providing rail passenger service 1 35 on new routes is how the costs are shared between the parties. 2 1 Amtrak requires participants to pay 100 percent of equipment 2 2 and station costs. The three states would share equipment and 2 3 operating costs. 2 4 The general assembly enacted legislation in 1992 which 2 5 created the passenger rail service revolving fund and provided 2 6 for its administration. No appropriation has been made to 2 7 this fund. An appropriation from the state general fund is 2 8 recommended to fund Iowa's share of the new service across 2 9 central Iowa. 2 10 LSB 1106DP 76 2 11 js/sc/14.1
Text: HSB00061 Text: HSB00063 Text: HSB00000 - HSB00099 Text: HSB Index Bills and Amendments: General Index Bill History: General Index
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