Iowa Code 327J.3 – Administration
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1. The director may expend moneys from the fund to pay the costs associated with the initiation, operation, and maintenance of passenger rail service. The director shall report by February 1 of each year to the legislative services agency concerning the status of the fund including anticipated expenditures for the following fiscal year.
Terms Used In Iowa Code 327J.3
- AMTRAK: means the national railroad passenger corporation created under 45 U. See Iowa Code 327J.1
- Director: means the director of transportation. See Iowa Code 327J.1
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- following: when used by way of reference to a chapter or other part of a statute mean the next preceding or next following chapter or other part. See Iowa Code 4.1
- Fund: means the passenger rail service revolving fund created under section 327J. See Iowa Code 327J.1
- Midwest regional rail system: means the passenger rail system identified through a multistate planning effort in cooperation with AMTRAK. See Iowa Code 327J.1
- Passenger rail service: means long-distance, intercity, and commuter passenger transportation, including the midwest regional rail system, which is provided on railroad tracks. See Iowa Code 327J.1
- state: when applied to the different parts of the United States, includes the District of Columbia and the territories, and the words "United States" may include the said district and territories. See Iowa Code 4.1
- year: means twelve consecutive months. See Iowa Code 4.1
2. The director may enter into agreements with AMTRAK, other rail operators, local jurisdictions, and other states for the purpose of developing passenger rail service serving Iowa. The agreements may include any of the following:
a. Cost-sharing agreements associated with initiating service, capital costs, operating subsidies, and other costs necessary to develop and maintain service.
b. Joint powers agreements and other institutional arrangements associated with the administration, management, and operation of passenger rail service.
3. The director shall enter into discussions with members of Iowa’s congressional delegation to foster passenger rail service in this state and the midwest and to maximize the level of federal funding for the service.
4. The director may provide assistance and enter into agreements with local jurisdictions along the proposed route of the midwest regional rail system or other passenger rail service operations serving Iowa to ensure that rail stations and terminals are designed and developed in accordance with the following objectives:
a. To meet safety and efficiency requirements outlined by AMTRAK and the federal railroad administration.
b. To aid intermodal transportation.
c. To encourage economic development.
5. The director shall report annually to the general assembly concerning the development and operation of the midwest regional rail system and the state’s passenger rail service.