RÉSUMÉ DIGEST
ACT 658 (HB 357) 2016 Regular Session Leger
Existing law authorizes the Dept. of Transportation and Development to provide financial
assistance, within the limits of the funds appropriated for this purpose, for the preservation
of operations and maintenance of any railroad within the state as provided for in relevant
federal law.
New law retains existing law.
Prior law provided that no state funds were to be used for financial assistance to any private
or public person or corporation.
New law changes prior law to allow use of state funds provided the department submits a
report to the House and Senate committees on transportation, highways and public works
prior to application for federal funds.
Effective June 17, 2016.
(Amends R.S. 48:388(F))