Section 430. Legislative intent  


Latest version.
  • The  continuation  and improvement of the
      appropriate  level  of  rail  freight  and  passenger  service  and  the
      maintenance  and improvement of the railroad infrastructure enhances the
      economic vitality of local communities and the state.  The  legislature,
      upon  the  recommendation  of the railroad taxation and service advisory
      council, has:
        1. provided  for  temporary  alterations  in  railroad  real  property
      taxation  designed  to  encourage  the  continuation  and improvement of
      railroad  service  and  the  maintenance   and   improvement   of   rail
      infrastructure;
        2.  provided for the establishment of a service enhancement program to
      assure the continuation and improvement of the appropriate level of rail
      freight and passenger service and the maintenance and improvement of the
      railroad infrastructure; and
        3. provided for a process to evaluate information to review and assess
      the efficacy of the  temporary  property  tax  alterations  designed  to
      foster  the  goals  of  the service enhancement program. The legislature
      recognizes that the railroad taxation and service advisory  council  may
      make   recommendations   concerning  the  continuation  of  the  service
      enhancement program based upon its findings.