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Text: SSB00355                          Text: SSB00357
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Senate Study Bill 356

Conference Committee Text

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: SSB00355                          Text: SSB00357
Text: SSB00300 - SSB00399               Text: SSB Index
Bills and Amendments: General Index     Bill History: General Index

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