Preserving Freight and Passenger Rail Corridors and Service (2007) / Chapter Skim
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Pages 6-10
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From page 6... ...
The National Conference of State Railroad Officials was established in 1976 to provide policy input to federal agencies and to share best practices 6 regarding rail assistance programs. This group later became the Standing Committee on Rail of AASHTO.
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From page 7... ...
and loan Indiana DOT -- Rail Section 4/100s of 1% of state sales tax receipts About $1.3 million from tax Generally $1.3 million annually, with additional from loan repayments No IN Passive Grade Crossing Improvement Fund Grant Indiana DOT -- Rail Section General fund $500,000 Cut to $465,000 in 2003 No IA Rail Assistance Program Grant or loan Iowa DOT -- Office of Rail Transportation Appropriation No new funds. Funds almost depleted Previously received annual funding Yes IA Rail Economic Development Program Grant Iowa DOT -- Office of Rail Transportation Appropriation No new funds.
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From page 8... ...
• An inability to attract new, on-line client investment if future rail service is viewed as uncertain. • Low carload weight limits may impair the relative economics of rail shipping and/or drive new investment to main line industrial sites capable of 286,000 lb loading standards.
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From page 9... ...
• A rail banked line is subject to possible future restoration of rail service by any qualified service provider. Trail users must surrender their interim rights of use if they are unable to reach alternative accommodations with the prospective (new)
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From page 10... ...
From an historic perspective, however, it was the federal local freight rail assistance programs that provided seed funding in the 1980s and early 1990s to both protect rail alignments and establish regular state-administered loan and grant programs to preserve light-density lines. Some of those original federal disbursements continue to be "recycled" by certain states for new projects through revolving funds as loans are repaid by short line operators.
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