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State Statutes
- Idaho
- Title 49
- Chapter 29
- 49-2902
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| Idaho Statutes |
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| 49-2902 - DUTIES OF THE BOARD |
(1) The Idaho transportation board shall monitor the status of the state's mainline, short line and branch line common carrier railroads through the state rail planning process and various analyses, and shall seek alternatives to abandonment prior to the federal surface transportation board proceedings, where feasible. (2) The board shall establish criteria for evaluating rail projects of significance to the state, and shall continue to monitor projects for which it provides assistance. (3) The board shall develop criteria for prioritizing freight rail projects that meet the minimum eligibility requirements for state assistance. Project criteria should consider the level of local financial commitment to the project as well as the cost/benefit ratio. Railroads, shippers and others who benefit from the project should participate financially to the greatest extent practicable. (4) The board shall ensure that the state maintains a contingent interest in any equipment, property, rail line, or facility that has outstanding grants or loans. The owner shall not use the line as collateral, remove track, bridges or associated elements for salvage, or use it in any other manner subordinating the state's interest without permission from the board. As the state is not a primary lender of money, it is understood the state may need to take a subordinate position for its contingent interest. |
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