Sec. 16. In addition to any other funds available to carry out the purposes of this chapter, there are appropriated, and the department may utilize, any delinquent state taxes from any railroad entity, and the interest due on taxes to the date of acquisition, as an offset against the purchase cost of any rail properties purchased from that railroad entity.
Formerly: Acts 1975, P.L.79, SEC.1. As amended by Acts 1980, P.L.74, SEC.55.
Structure Indiana Code
Title 8. Utilities and Transportation
Article 3. Railroads Generally
Chapter 1.5. State Rail Preservation Law
8-3-1.5-2. Authority of Indiana Department of Transportation
8-3-1.5-3. Financial Assistance for Continuance of Rail Service
8-3-1.5-4. Information to Be Provided to Department
8-3-1.5-5. Acquisition of Rail or Nonrail Property
8-3-1.5-6. Disposition of Property
8-3-1.5-7. Interstate Commerce Commission Certificate
8-3-1.5-9. Condemnation Procedure
8-3-1.5-10. Assuring Good Title
8-3-1.5-11. Sale of Rail Properties
8-3-1.5-12. Cooperation With Other States
8-3-1.5-13. Acquisition of Property by Political Subdivisions
8-3-1.5-15. Acquisition or Modernization Loans
8-3-1.5-16. Delinquent State Railroad Taxes; Offset Against Purchase Cost
8-3-1.5-17. Railroad Equipment; Acquisition
8-3-1.5-18. Contracts for Rebuilding and Maintaining Rail Properties
8-3-1.5-19. Contracts to Maintain or Improve Rail Transportation Service
8-3-1.5-20.5. Commuter Rail Service Fund
8-3-1.5-20.6. Electric Rail Service Fund
8-3-1.5-21. Chicago, South Shore, and South Bend Railway Capital Improvements Fund