Citations Affected: IC 8-3; IC 8-6.
Synopsis: Industrial rail service fund. Removes a provision that allows
money from the industrial rail service fund to be used for a grant to
serve as local matching funds in carrying out a demonstration project
for the relocation of railroad lines from the central area of a city under
the Federal-Aid Highway Act of 1973. Provides that $50,000 annually
from the industrial rail service fund shall be provided to the department
of transportation for rail planning activities, and allows for grants to a
Class II or a Class III railroad for the rehabilitation of infrastructure.
Specifies the passive railroad crossing safety improvement projects: (1)
by local units of government; and (2) submitted by railroad companies
that the railroad grade crossing fund may be used for by the Indiana
department of transportation.
Effective: July 1, 2001.
January 9, 2001, read first time and referred to Committee on Roads and Transportation.
February 21, 2001, amended, reported _ Do Pass.
February 27, 2001, read second time, amended, ordered engrossed.
A BILL FOR AN ACT to amend the Indiana Code concerning
utilities and transportation.
revert back to the state general fund at the end of a state fiscal
year.
(4) Provide money for the high speed rail development fund under
IC 8-23-25.
(5) Provide grants to a railroad owned or operated by a port
authority established under IC 8-10-5.
(6) Make grants to a Class II or a Class III railroad for the
rehabilitation of railroad tracks. infrastructure.
(b) This subsection is effective until July 1, 1995. A grant made
under subsection (a)(3) may not exceed forty percent (40%) of the
gross sales and use tax receipts deposited in the fund (under
IC 6-2.5-10-1) during the fiscal year preceding the fiscal year in which
the grant is made.
(c) This subsection is effective after July 1, 1995. A grant made
under subsection (a)(3) may not exceed twenty-five percent (25%) of
the gross sales and use tax receipts deposited in the fund (under
IC 6-2.5-10-1) during the fiscal year preceding the fiscal year in which
the grant is made.
(d) (b) A grant made under subsection (a)(5) may not exceed twenty
percent (20%) of the gross sales and use tax receipts deposited in the
fund under IC 6-2.5-10-1 during the fiscal year preceding the fiscal
year in which the grant is made.
(e) No demonstration project may receive more than one (1) grant
under subsection (a)(3) in any fiscal year.
(f) (c) A grant program under subsection (a)(6) must:
(1) provide a grant to a recipient of not more than seventy-five
percent (75%) of the cost of the project; and
(2) require a grant recipient to pay for not more than twenty-five
percent (25%) of the cost of a project.
railroad companies, including:
(i) illumination;
(ii) sight obstruction removal;
(iii) signage;
(iv) reflectorized taping; and
(v) other safety improvement measures.
(c) Notwithstanding subsection (b) of this section, the railroad
company shall pay the cost of acquiring any easements required by
the passive railroad crossing safety project and shall be responsible
for the maintenance and operation of the completed project.
(c) (d) The balance of money in the railroad grade crossing fund
does not revert to the state general fund at the close of any fiscal year
but remains available to the Indiana department of transportation.