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Search 2008 Bills:

SB11: Rail Enhancement Fund; allows Director to waive certain requirements regarding project funding.

Chief Patron

Sen. Yvonne Miller (D-5)

Yvonne Miller (D-5)
Served: 1988–

Progress

Yes Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Status

12/05/2007: In Transportation Committee

View Entire History

Summary

Rail Enhancement Fund.  Allows the Director of the Department of Rail and Public Transportation, with the approval of the Rail Advisory Board, to waive the requirement that projects funded by the Fund include a minimum of 30 percent cash or in-kind matching contribution from a private source, which may include a railroad, a regional authority, a local government source, or a combination of such sources. The bill also allows the use of funds from "federal governmental sources" in connection with projects funded from the Fund.

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Bill Text

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