Railroad peace officer appointment, licensing, and compensation provided; civil liability issues addressed; and rulemaking required.
Emergency incident preparedness provision for rail transport of oil and other hazardous substances
Rail safety; emergency incident preparedness provided for rail transport of oil and other hazardous substances, railroad training requirements established, manager and incident response team training requirements expanded, incident reports required, and money appropriated.
Allocation of railroad and pipeline company assessments for emergency preparedness activities modification
Market value exclusions for certain railroad property establishment; calculation of net present value of anticipated future income for state-assessed property modification
Railroad safety provided, including minimum insurance requirement modification and maximum train length establishment.
Market value exclusions for certain railroad property provided, and calculation of net present value of anticipated future income for state-assessed property modified.
Credit provision for railroad reconstruction or replacement expenditures