§ 32-11-1. Ratification, Enactment, and Entry of Compact
The interstate rail passenger network compact is ratified, enacted, and entered into by the State of Georgia with all other states joining the compact in the form substantially as this chapter. History. Code 1981, § 32-11-1 , enacted by Ga. L. 1993, p. 419, § 1.
§ 32-10-110. Venue and Jurisdiction of Actions
Any action to protect or enforce any rights under this article and any action pertaining to validation of any bonds issued under this article brought in the courts of this state shall be brought in the Superior Court of Fulton County, which shall have exclusive original jurisdiction of such actions. History. Ga. L. 1953, Jan.-Feb. […]
§ 32-11-2. Policy
It is the policy of the states party to this compact to cooperate and share the administrative and financial responsibilities concerning the planning of an interstate rail passenger network system connecting major cities in Illinois, Indiana, Kentucky, Tennessee, Georgia, and Florida. The participating states agree that a rail passenger system would provide a beneficial service […]
§ 32-10-120. Short Title
This part shall be known and may be cited as the “Georgia Transportation Infrastructure Bank Act.” History. Code 1981, § 32-10-120 , enacted by Ga. L. 2008, p. 73, § 2/HB 1019.
§ 32-11-3. Economic Impact Study
The states of Illinois, Indiana, Kentucky, Tennessee, Georgia, and Florida (referred to in this chapter as “participating states”) agree, upon adoption of this compact by the respective states, to jointly conduct and participate in a rail passenger network financial and economic impact study. The study must do the following: Carry forward research previously performed by […]
§ 32-10-121. Creation; Governance; Corporate Purpose; Types of Accounts
There shall be created within the State Road and Tollway Authority an instrumentality of the state to be known as the Georgia Transportation Infrastructure Bank. The bank shall be governed by the board of the State Road and Tollway Authority as provided in this chapter. The corporate purpose of the bank is to assist in […]
§ 32-11-4. Assistance by Participating States
The participating states agree to do the following: Make available to each other and to a consulting firm representing a participating state or the compact assistance that is available, including personnel, equipment, office space, machinery, computers, engineering, and technical advice and services. Provide financial assistance for the implementation of the feasibility study that is available. […]
§ 32-10-122. Definitions
As used in this part, the term: “Bank” means the Georgia Transportation Infrastructure Bank. “Board” means the board of the State Road and Tollway Authority. “Department of Transportation” means the Georgia Department of Transportation and its successors. “Eligible costs” means, as applied to a qualified project to be financed from the federal roadway account, the […]
§ 32-11-5. Creation of Advisory Council; Membership
The interstate rail passenger advisory council (referred to in this compact as the “council”) is created. The membership of the council consists of three individuals from each participating state. The Governor, President of the Senate, and Speaker of the House of Representatives shall each appoint one member of the council. History. Code 1981, § 32-11-5 […]
§ 32-10-123. Authority of the Board
In administering the affairs of the bank, the board may exercise any or all of the powers granted to the authority under Parts 1 and 2 of this article, as well as the powers granted in this part. Without limiting the generality of the foregoing, the board is specifically authorized to issue bonds for the […]