Legislation

Title: Transportation - Magnetic Levitation Transportation Systems - Rapid Rail Local Development Councils
Sponsored by: Senators Beidle, Augustine, and Hayes
Status: In the Senate - First Reading Budget and Taxation and Finance
Analysis

Synopsis

Requiring a railroad company that acquires property by condemnation for a magnetic levitation transportation system to pay an additional amount equal to 25% of the acquisition cost of the property to a local development council; authorizing the governing body of a county to establish a rapid rail local development council; and requiring a rapid rail local development council to distribute funds for certain community projects to a nonprofit organization, a school, a faith-based organization, or a certain community organization.

Committees

Original:: Budget and Taxation; Finance

Details

Bill File Type: Regular

Effective Date(s): July 1, 2022

History

Legislation History
Chamber Senate Calendar Date 3/25/2022 Legislative Date 3/25/2022 Action First Reading Budget and Taxation and Finance Proceedings
Chamber Senate Calendar Date 4/06/2022 Legislative Date 3/25/2022 Action Motion Rules Suspend for Late Introduction (Senator Beidle) Adopted Proceedings 65 Click to view Recorded Media
Chamber Senate Calendar Date 4/06/2022 Legislative Date 3/25/2022 Action Motion Rules Suspend to Refer (Senator Beidle) Adopted (37-8) Proceedings 65 Click to view Recorded Media
Chamber Senate Calendar Date 4/06/2022 Legislative Date 3/25/2022 Action Referred Budget and Taxation Proceedings 65 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - First - Transportation - Magnetic Levitation Transportation Systems - Rapid Rail Local Development Councils Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	3/25/2022	3/25/2022	First Reading Budget and Taxation and Finance
Senate	4/06/2022	3/25/2022	Motion Rules Suspend for Late Introduction (Senator Beidle) Adopted	65 Click to view Recorded Media
Senate	4/06/2022	3/25/2022	Motion Rules Suspend to Refer (Senator Beidle) Adopted (37-8)	65 Click to view Recorded Media
Senate	4/06/2022	3/25/2022	Referred Budget and Taxation	65 Click to view Recorded Media
			Text - First - Transportation - Magnetic Levitation Transportation Systems - Rapid Rail Local Development Councils

File Code

Subjects

Statutes