2018 -- H 7814 | |
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LC004765 | |
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STATE OF RHODE ISLAND | |
IN GENERAL ASSEMBLY | |
JANUARY SESSION, A.D. 2018 | |
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A N A C T | |
RELATING TO PUBLIC UTILITIES AND CARRIERS - RAILROAD PRESERVATION | |
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Introduced By: Representatives Tobon, Barros, Maldonado, Diaz, and Cunha | |
Date Introduced: February 28, 2018 | |
Referred To: House Finance | |
It is enacted by the General Assembly as follows: | |
1 | SECTION 1. Section 39-6.1-10.1 of the General Laws in Chapter 39-6.1 entitled |
2 | "Railroad Preservation" is hereby amended to read as follows: |
3 | 39-6.1-10.1. Massachusetts Bay Transportation Authority. |
4 | (a) Notwithstanding any general or special law to the contrary, the Massachusetts Bay |
5 | Transportation Authority ("MBTA"), a body politic and corporate and a political subdivision of |
6 | the Commonwealth of Massachusetts, and all its real and personal property shall be exempt from |
7 | taxation and from betterments and special assessments; and the MBTA shall not be required to |
8 | pay any tax, excise or assessment to or for this state or any of its political subdivisions; nor shall |
9 | the MBTA be required to pay any fee or charge for any permit or license, nor any compliance fee, |
10 | issued to it by this state, by any department, board or officer thereof, or by any political |
11 | subdivision of this state; and the MBTA shall be exempt from tolls for the use of highways, |
12 | bridges and tunnels. Bonds and notes issued by the MBTA in support of purchases and/or |
13 | improvements for maintaining and/or improving commuter rail service to and/or within the state |
14 | of Rhode Island, their transfer and the income therefrom, including any profit made on the sale |
15 | thereof, shall at all times be free from taxation with this state. |
16 | (b) No payments shall be made to the MBTA or its operating subcontractor so long as |
17 | either shall be in default under the terms of that contract entitled "South County Operating |
18 | Agreement by and between the Massachusetts Bay Transportation Authority and the state of |
19 | Rhode Island and Providence Plantations" dated as of September 30, 2010. |
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1 | SECTION 2. This act shall take effect upon passage. |
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EXPLANATION | |
BY THE LEGISLATIVE COUNCIL | |
OF | |
A N A C T | |
RELATING TO PUBLIC UTILITIES AND CARRIERS - RAILROAD PRESERVATION | |
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1 | This act would suspend any payments due to the MBTA or its operating subcontractor for |
2 | so long as either is in default on the South County operating agreement. |
3 | This act would take effect upon passage. |
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