as introduced - 89th Legislature (2015 - 2016) Posted on 03/10/2016 03:34pm
A bill for an act
relating to transportation; governing light rail transit operating costs; amending
Minnesota Statutes 2014, sections 398A.10, subdivision 2; 473.4051, subdivision
2.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Minnesota Statutes 2014, section 398A.10, subdivision 2, is amended to read:
A county regional railroad authority is
subject to the requirements under section 473.4051, subdivision 2, and may not contribute
any funds to pay the operating and maintenance costs for a light rail transit or commuter
rail project. If a county regional railroad authority is contributing funds for operating and
maintenance costs on a light rail transit or commuter rail project on February 25, 2008, the
authority may continue to contribute funds for these purposes until January 1, 2009.
Minnesota Statutes 2014, section 473.4051, subdivision 2, is amended to read:
(a) After operating revenue and federal money have been
used to pay for light rail transit operations, 50 percent of, the remaining operating and
ongoing maintenance costs for light rail transit must be paid by the state following sources:
(1) 25 percent from state sources;
(2) 25 percent from one or more regional railroad authorities; and
(3) 50 percent as determined by the council, from sources other than as specified in
clauses (1) and (2).
(b) For purposes of this subdivision, state sources include but are not limited to
general fund appropriations and revenue from the metropolitan area transit account under
section 16A.88.
Sections 1 and 2 are effective January 1, 2017, and apply to light rail transit
expenditures on or after that date.