Text: S05733 Text: S05735 Text: S05700 - S05799 Text: S Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Amend the amendment, S-5680, to House File 2395, as 1 2 amended, passed, and reprinted by the House, as 1 3 follows: 1 4 #1. Page 5, by inserting after line 49 the 1 5 following: 1 6 "DIVISION 1 7 Sec. . NEW SECTION. 327H.20A RAILROAD 1 8 REVOLVING LOAN FUND. 1 9 A railroad revolving loan fund is established in 1 10 the office of the treasurer of state under the control 1 11 of the department. Moneys in this fund shall be 1 12 expended for loans to provide assistance for the 1 13 restoration, conservation, improvement, and 1 14 construction of railroad main lines, branch lines, 1 15 switching yards, sidings, rail connections, intermodal 1 16 yards, highway grade separations, and other railroad- 1 17 related improvements. The department shall administer 1 18 a program for the granting and administration of loans 1 19 under this section. The department may enter into 1 20 agreements with railroad corporations, the United 1 21 States government, cities, counties, and other persons 1 22 for carrying out the purposes of this section. Moneys 1 23 received as loan repayments shall be credited to the 1 24 railroad revolving loan fund. Notwithstanding section 1 25 8.33, moneys in the railroad revolving loan fund shall 1 26 not revert to the general fund of the state but shall 1 27 remain available indefinitely for expenditure under 1 28 this section. 1 29 Sec. . RAILROAD REVOLVING FUND. There is 1 30 appropriated from the general fund of the state to the 1 31 state department of transportation for the fiscal year 1 32 beginning July 1, 1998, and ending June 30, 1999, for 1 33 deposit in the railroad revolving loan fund 1 34 established in section 327H.20A, an amount equal to 1 35 the amount of loan repayments made under section 1 36 327H.18 and chapter 327I that exceed one million one 1 37 hundred ninety thousand dollars during fiscal year 1 38 1998-1999." 1 39 #2. By renumbering as necessary. 1 40 1 41 1 42 1 43 MARY LOU FREEMAN 1 44 1 45 1 46 1 47 RICHARD F. DRAKE 1 48 HF 2395.308 77 1 49 jp/cf/28
Text: S05733 Text: S05735 Text: S05700 - S05799 Text: S Index Bills and Amendments: General Index Bill History: General Index
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