Legislative Session number- 89

Bill Name: SF2026

Relating to state government finance

ARTICLE 1 - OIL AND HAZARDOUS MATERIALS
TRANSPORTATION SAFETY

Removing the railroad and pipeline company assessment
expiration date; appropriating money to the commissioner of transportation (DOT)
for highway rail at-grade crossing safety improvement projects related to oil
and other hazardous materials transported by rail

ARTICLE 2 - RAILROAD
RECODIFICATION

Recodifying certain statutes relating to railroad taxation;
making technical changes; clarifying definitions; defining terms; modifying
property determination; providing a deduction for nonoperating and exempt
railroad property; modifying annual railroad company reporting requirements;
modifying annual operating property valuation, apportionment and equalization of
valuation, county assessor certification, personal property exceptions, and levy
amounts and apportionment; appropriating money; revisor instruction; repealing
railroad company property taxation and assessment for nontaxable property,
failure to file report, and state agency rules
(rt)