IN SB0516 | 2011 | Regular Session

Status

Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on January 18 2011 - 25% progression, died in committee
Action: 2011-01-18 - First reading: referred to Committee on Appropriations
Pending: Senate Appropriations Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Provides that a commuter transportation district may use money deposited in the commuter rail fund that is revenue derived from the taxation of indefinite-situs distributable property of railroad car companies: (1) to satisfy any debt service and required debt service reserves; and (2) to the extent that funds are remaining, to provide state matching funds for federal transportation capital grants.

Tracking Information

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Title

Commuter rail service fund.

Sponsors


History

DateChamberAction
2011-01-18 First reading: referred to Committee on Appropriations
2011-01-18 Authored by Senator Tallian

Indiana State Sources


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