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Senate Bill 0516
ARCHIVE (2011)
Latest Information
| | DIGEST OF INTRODUCED BILL
Commuter rail service fund. Provides that a commuter transportation district may use money deposited in the commuter rail fund that is revenue derived from the taxation of indefinite-situs distributable property of railroad car companies: (1) to satisfy any debt service and required debt service reserves; and (2) to the extent that funds are remaining, to provide state matching funds for federal transportation capital grants. |
Current Status:
| | In Committee - first House |
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