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VT S0085
Bill
Status
Introduced
2/25/2025
Primary Sponsor
Wendy Harrison
Click for details
AI Summary
- Requires General Assembly approval for all leases and extensions of State-owned railroad property; if the General Assembly is not in session, the Joint Transportation Oversight Committee may grant approval
- Allows the Secretary of Transportation to enter short-term leases or operating agreements up to 6 months to preserve service continuity on State-owned railroads
- Mandates the Secretary notify House and Senate Transportation Committees within 10 calendar days after entering any short-term lease or operating agreement
- Requires the Secretary to notify Transportation Committees (or Joint Transportation Oversight Committee if not in session) when 12 months remain on any State-owned railroad operating lease or lease extension
- Takes effect upon passage
Legislative Description
An act relating to approval of railroad lease extensions
Last Action
Read 1st time & referred to Committee on Transportation
2/25/2025
Committee Referrals
Transportation2/25/2025
Full Bill Text
No bill text available