Senate Bill 0014
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DIGEST OF SB14 (Updated February 8, 2007 4:13 pm - DI 84)
Public-private agreements for railroads. Adds passenger and freight railroad systems to the definition of "project" for purposes of public-private agreements by the department of transportation (INDOT). Provides that INDOT may issue a request for proposals and enter into a public-private agreement for a railroad project without legislative approval. Provides that "project", for purposes of public-private agreements by INDOT, does not include a passenger railroad system that is operated by the Northern Indiana Commuter Transportation District. Provides that passenger and freight railroad systems projects may not receive funds from the major moves construction fund. Establishes the alternative transportation construction fund for funding passenger and freight railroad system projects under public-private agreements by the INDOT. Requires INDOT to submit an annual report to legislative council on efforts concerning the development, financing, or operation of freight railroad systems through public-private agreements.
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