Section 222.86 — Acquisition Reporting And Disclosure.
222.86 ACQUISITION REPORTING AND DISCLOSURE. Subdivision 1. Notice of exempt transaction. An acquiring carrier shall submit written notification to the attorney general and the commissioner of transportation of its intent to initiate an exempt transaction under Code of Federal Regulations, title 49, part 1150, at least 14 days before filing a notice of exemption with […]
Section 222.53 — Acceptance Of Federal Money.
222.53 ACCEPTANCE OF FEDERAL MONEY. The commissioner may exercise those powers necessary for the state to qualify for, accept, and disburse any federal money, including the power to: (1) establish an adequate plan for rail service in the state as part of an overall planning process for all transportation services in the state, including a […]
Section 222.54 — Access To Information.
222.54 ACCESS TO INFORMATION. The commissioner may request any railroad to provide such information as is reasonably necessary to carry out the purposes of sections 222.46 to 222.54. After a reasonable time to comply with the request, the commissioner may make final demand for the requested information. If the information is not provided within 60 […]
Section 222.545 — Advocacy Of Improved Service.
222.545 ADVOCACY OF IMPROVED SERVICE. The commissioner may advocate and promote improved rail service and more effective use of available rail service at a reasonable cost by: (1) providing technical assistance to rail users; (2) negotiating with persons representing the rail industry and other transportation modes; and (3) appearing on behalf of the public in […]
Section 222.55 — Rail User And Rail Carrier Loan Guarantee Program; Purpose.
222.55 RAIL USER AND RAIL CARRIER LOAN GUARANTEE PROGRAM; PURPOSE. In order to aid rail users in obtaining credit for participation in contracts for rail line and rolling stock rehabilitation, acquisition, or installation and for paying the costs of capital improvements necessary to improve rail service or reduce the impact of discontinuance of rail service, […]
Section 222.56 — Definitions.
222.56 DEFINITIONS. Subdivision 1. Scope. For purposes of sections 222.55 to 222.62 the terms defined in this section have the meanings given. Subd. 1a. Account. “Account” means the rail user loan guarantee account created by section 222.57. Subd. 2. Commissioner. “Commissioner” means the commissioner of transportation. Subd. 3. [Renumbered subd 1a] Subd. 3a. Guarantee. “Guarantee” […]
Section 222.57 — Rail User And Rail Carrier Loan Guarantee Account.
222.57 RAIL USER AND RAIL CARRIER LOAN GUARANTEE ACCOUNT. There is created a rail user and rail carrier loan guarantee account as a separate account in the rail service improvement account, which shall be used by the commissioner for carrying out the provisions of sections 222.55 to 222.62 with respect to loans insured under section […]
Section 222.58 — Insurance Of Loan.
222.58 INSURANCE OF LOAN. Subdivision 1. Authorization. The commissioner is authorized, upon application by the lender, to insure any eligible loan as provided in this section and, under such terms as the commissioner may prescribe by rule, to make commitments for insuring such loans prior to the date of their execution or disbursement. Subd. 2. […]
Section 222.50 — Rail Service Improvement Program.
222.50 RAIL SERVICE IMPROVEMENT PROGRAM. Subdivision 1. Creation. There is created the rail service improvement program to provide assistance for improvement of rail service in the state. Subd. 2. Identifying deteriorating rail line. The commissioner shall identify those rail lines that have deteriorated or are in danger of deteriorating so as to be unable to […]
Section 222.51 — Participation By Political Subdivision.
222.51 PARTICIPATION BY POLITICAL SUBDIVISION. The governing body of any political subdivision of the state may, with the approval of the commissioner, appropriate money for rail service improvement and may participate in the state rail service improvement program and federal rail programs. History: 1976 c 204 s 6; Ex1979 c 1 s 35; 2012 c […]