ARTICLE 2. Transportation Improvement Program [2701.05. - 2701.08.]

Article 2 added by Stats. 1989, Ch. 108, Sec. 2.

§§ 2701.05–2701.08 · 4 sections

• § 2701.05 The proceeds of bonds issued and sold pursuant to this chapter shall be deposited in the Passenger Rail Bond Fund, which is hereby created.
• § 2701.06 The money in the fund, upon appropriation by the Legislature, shall be available, without regard to fiscal years, for acquisition of rights-of-way, capital…
• § 2701.07 The appropriations for capital improvements and acquisition of rolling stock for intercity rail, commuter rail, and urban rail transit shall be used only on…
• § 2701.08 At least 15 percent of the money in the fund shall be used for intercity rail purposes and shall be equitably expended on intercity rail corridors based on the…