75-5048. Rail service improvement program; rail service improvement fund; requirements; restrictions; funding; transfer of money, authorized. (a) The secretary of transportation is hereby authorized to make loans or grants to a qualified entity for the purpose of facilitating the financing, acquisition or rehabilitation of railroads and rolling stock in the state of Kansas.
(b) Such loans or grants shall be made upon such terms and conditions as the secretary may deem appropriate, and such loans or grants shall be made from funds credited to the rail service improvement fund.
(c) The rail service improvement fund is hereby established in the state treasury which shall be for the purpose of facilitating the financing, acquisition and rehabilitation of railroads pursuant to subsection (a) of this section and for the refinancing thereof. The secretary shall administer the rail service improvement fund. All expenditures from the rail service improvement fund shall be made in accordance with appropriation acts upon warrants of the director of accounts and reports issued pursuant to vouchers approved by the secretary or by a person or persons designated by the secretary.
(d) All moneys received from the federal government, pursuant to K.S.A. 75-5026, and amendments thereto, shall be remitted to the state treasurer in accordance with the provisions of K.S.A. 75-4215, and amendments thereto. Upon receipt of each such remittance, the state treasurer shall deposit the entire amount in the state treasury to the credit of the rail service improvement fund.
(e) The management and investment of the rail service improvement fund shall be in accordance with K.S.A. 68-2324, and amendments thereto. Notwithstanding anything to the contrary, all interest or other income of the investments, after payment of any management fees, shall be considered income of the rail service improvement fund.
(f) On July 1, 2013, and each July 1 thereafter, the director of accounts and reports shall transfer $5,000,000 from the state highway fund to the rail service improvement fund. The secretary is hereby authorized to transfer moneys from the state highway fund to the rail service improvement fund or from the rail service improvement fund to the state highway fund. In no event shall the amount remaining in the rail service fund and the amount spent or dedicated for loans or grants in each fiscal year be less than $5,000,000.
(g) As used in this section, "qualified entity" means any interstate commerce commission certificated railroad, a port authority established in accordance with Kansas laws, or any entity meeting the rules and regulations established by K.S.A. 75-5050, and amendments thereto.
History: L. 1991, ch. 149, § 9; L. 1999, ch. 137, § 24; L. 2001, ch. 5, § 395; L. 2006, ch. 108, § 2; L. 2010, ch. 156, § 30; L. 2011, ch. 28, § 1; L. 2020, ch. 8, § 11; July 1.
Structure Kansas Statutes
Chapter 75 - State Departments; Public Officers And Employees
Article 50 - Department Of Transportation
75-5010 Division of aviation; director of aviation, appointment and salary.
75-5012 Attachment of Kansas turnpike authority to department.
75-5014a Transfer of employees and preservation of rights under 1982 act.
75-5015 Organization of department; delegation of powers and duties.
75-5016 Chief attorney and additional attorneys for department.
75-5025 State rail transportation plan; specific powers and duties of secretary.
75-5026 Same; acceptance of federal funds.
75-5027 Same; rules and regulations.
75-5030 Same; payment of amounts in default by mid-states port authority, when; limitation.
75-5031 Same; refinancing agreement; guarantee, limitation.
75-5032 Coordinated public transportation assistance act.
75-5035 Coordinated public transportation assistance fund established; funding.
75-5036 Development of state plan.
75-5037 Secretary of transportation, duties; eligibility of applicants.
75-5038 Withholding of funds, when; appeal.
75-5040 Railroad assistance programs; findings.
75-5041 Rail service assistance program; establishment.
75-5042 Rail service assistance program advisory committee; establishment.
75-5043 Advisory committee; membership.
75-5044 Advisory committee; organization.
75-5045 Advisory committee; functions, powers and duties.
75-5046 Railroad loan guarantee program; requirements; restrictions.
75-5047 Rail service assistance program loan guarantee fund; establishment.
75-5049 Same; loans and grants; requirements.
75-5050 Rules and regulations.
75-5051 Kansas coordinated transit districts act.
75-5053 Kansas coordinated transit districts; definitions.
75-5054 Establishment of coordinated transit districts; responsibilities of districts.
75-5055 Secretary of transportation, development of plan and establishment of guidelines.
75-5056 Secretary of transportation, powers and duties.
75-5057 Requirement to become a part of coordinated transit district, when.
75-5058 Appeal according to the administrative procedure act.
75-5062 Secretary authorized to pay employees for the theft of certain tools or equipment.
75-5063 Transportation revolving fund; authorization to establish; creation of separate accounts.
75-5064 Transportation revolving fund; definitions.
75-5066 Transportation revolving fund, established; expenditures.
75-5067 Transportation revolving fund; issuance of bonds by Kansas development finance authority.
75-5068 Transportation revolving fund; applications; agreements; technical advice.
75-5070 Noise studies; when; funding of abatement measures; rules and regulations.
75-5071 Governors of Kansas hometown heritage act.
75-5072 Same; definitions; procedure; requirements; territorial governors' signs; procedure.
75-5074 Lease of equipment and access to equipment, when; prices.
75-5076 Administration of act; rules and regulations.
75-5079 Listing of signs for tourism or economic development; publication annually.
75-5080 Traffic records enhancement fund.
75-5081 Intermodal transportation projects; intermodal transportation revolving fund.
75-5083 Same; secretary of transportation; powers and duties; rules and regulations.
75-5084 Same; Kansas intermodal transportation revolving fund; funding; expenditures.
75-5085 Same; issuance of bonds.
75-5086 Same; qualified borrowers; applications; agreements.
75-5087 Same; failure to comply with agreement.
75-5090 Midwest interstate passenger rail compact.
75-5092 Motor fuel tax study; report.
75-5096 Driver's education scholarship program; qualified individuals; report to the legislature.