Bill Summaries: S761 (2015-2016 Session)

Tracking:
  • Bill S 761 (2015-2016)
    Summary date: Apr 26 2016 - View summary

    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. 
    Transportation
    GS 124, GS 136

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