LRB-0739/P1
EVM:jld:jf
2015 - 2016 LEGISLATURE
DOA:......Mette, BB0245 - Freight rail preservation program SEG appropriation
For 2015-2017 Budget -- Not Ready For Introduction
An Act ...; relating to: the budget.
Analysis by the Legislative Reference Bureau
transportation
Rail and air transportation
Under current law, the state may contract public debt for DOT to acquire railroad property and to provide grants and loans for railroad property acquisitions and improvements. This bill creates a continuing appropriation from the transportation fund for the same purposes.
The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:
Section 1. 20.395 (2) (bt) of the statutes is created to read:
20.395 (2) (bt) Freight rail preservation. As a continuing appropriation, the amounts in the schedule to acquire railroad property under ss. 85.08 (2) (L) and 85.09; and to provide grants and loans for rail property acquisitions and improvements under s. 85.08 (4m) (c) and (d).
****Note: This Section involves a change in an appropriation that must be reflected in the revised schedule in s. 20.005, stats.
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