Louisiana Revised Statutes 48:387 – Contributions by the Department of Highways to the maintenance of flashing light signals at railroad crossings; conditions
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Terms Used In Louisiana Revised Statutes 48:387
- 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.
The Department of Transportation and Development may, to the extent that the legislature appropriates funds therefor, make payments to railroads, whose railroad grade crossings across state highways are or shall hereafter be marked by the installation of flashing light signals, for not more than one-half the cost of maintenance of such flashing light signals during the fiscal year for which the funds are appropriated.
Added by Acts 1966, No. 511, §1. Amended by Acts 1977, No. 291, §1.