430 – Legislative Intent.
§ 430. Legislative intent. The continuation and improvement of the appropriate level of rail freight and passenger service and the maintenance and improvement of the railroad infrastructure enhances the economic vitality of local communities and the state. The legislature, upon the recommendation of the railroad taxation and service advisory council, has: 1. provided for temporary […]
431 – Program Objectives.
§ 431. Program objectives. The objectives of the service enhancement program, are: 1. the continuation of essential rail freight and passenger service; 2. the preservation and improvement of railroad infrastructure; and 3. the improvement of the quality and quantity of railroad freight and passenger service.
432 – Railroad Participation in the Program.
§ 432. Railroad participation in the program. The level of railroad participation in the program for the period nineteen hundred eighty-seven through nineteen hundred ninety-one shall depend on the estimated tax abatement as computed by the commissioner of taxation and finance pursuant to either subdivision (c) of section four hundred eighty-nine-j or subdivision (c) of […]
433 – Service Enhancement Plans.
§ 433. Service enhancement plans. 1. Every railroad seeking to participate in the program shall annually by the first of February submit a list of potential service enhancement program elements to the department. The department shall review these program elements for consistency with the legislative intent and program objectives stated in sections four hundred thirty […]
434 – Reports.
§ 434. Reports. Railroads are to file one copy of their current plan annually with the department not later than a date determined according to the commissioner of taxation and finance schedule for producing railroad ceiling values. The department shall review and comment on these plans and shall report annually on the service enhancement program […]