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SF 3025

as introduced - 89th Legislature (2015 - 2016) Posted on 03/22/2016 09:23am

KEY: stricken = removed, old language.
underscored = added, new language.
Version List Authors and Status
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Current Version - as introduced

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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:

Section 1.

Minnesota Statutes 2014, section 398A.10, subdivision 2, is amended to read:


Subd. 2.

Operating and maintenance costs.

A county regional railroad authoritynew text begin is
subject to the requirements under section 473.4051, subdivision 2, andnew text end may deleted text begin notdeleted text end contribute
deleted text begin anydeleted text end funds to pay the operating and maintenance costs for a deleted text begin light rail transit ordeleted text end commuter
rail project. deleted text begin 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.
deleted text end

Sec. 2.

Minnesota Statutes 2014, section 473.4051, subdivision 2, is amended to read:


Subd. 2.

Operating costs.

new text begin (a) new text end After operating revenue and federal money have been
used deleted text begin to pay for light rail transit operations, 50 percent ofdeleted text end new text begin ,new text end the remaining operatingnew text begin and
ongoing maintenancenew text end costsnew text begin for light rail transitnew text end must be paid by the deleted text begin statedeleted text end new text begin following sources:
new text end

new text begin (1) 25 percent from state sources;
 new text end

new text begin (2) 25 percent from one or more regional railroad authorities; and
 new text end

new text begin (3) 50 percent as determined by the council, from sources other than as specified in
clauses (1) and (2)new text end .

new text begin (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.
 new text end

Sec. 3. new text begin EFFECTIVE DATE.
new text end

new text begin Sections 1 and 2 are effective January 1, 2017, and apply to light rail transit
expenditures on or after that date.
 new text end