CSSB 160(TRA): "An Act relating to acquisition of federal land or federal property by the Alaska Railroad Corporation; establishing a passenger surcharge on persons transported by the Alaska Railroad; and providing for an effective date."
00CS FOR SENATE BILL NO. 160(TRA) 01 "An Act relating to acquisition of federal land or federal property by the Alaska 02 Railroad Corporation; establishing a passenger surcharge on persons transported 03 by the Alaska Railroad; and providing for an effective date." 04 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 05 * Section 1. AS 42.40.285 is amended to read: 06 Sec. 42.40.285. Legislative approval required. Unless the legislature 07 approves the action by law, the corporation may not 08 (1) exchange, donate, sell, or otherwise convey its entire interest in 09 land; 10 (2) issue bonds; 11 (3) extend railroad lines; this paragraph does not apply to a spur, 12 industrial, team, switching, or side track; 13 (4) lease land for a period in excess of 35 years unless the corporation 14 reserves the right to terminate the lease if the land is needed for railroad purposes ;
01 (5) apply for or accept a grant of federal land or federal property 02 within a municipality; before approving an action under this paragraph, the 03 legislature must determine that the federal land or federal property is required 04 for essential railroad purposes . 05 * Sec. 2. AS 42.40.410 is amended to read: 06 Sec. 42.40.410. Federal land. Except as provided in AS 42.40.285(5), the 07 [THE] corporation may submit applications on its own behalf as an instrumentality of 08 the state for acquisition of federal land available under federal law that will enhance 09 the essential railroad operations of the corporation if it is available under a federal 10 law other than the Alaska Statehood Act of 1958 (P.L. 85 - 508, 72 Stat. 339), as 11 amended. The corporation may receive in its own name conveyances of all interests 12 in federal land. 13 * Sec. 3. AS 42.40 is amended by adding a new section to read: 14 Sec. 42.40.915. Passenger surcharge. For each passenger transported by the 15 Alaska Railroad, including passengers traveling in a privately owned, leased, or 16 operated railroad coach, the corporation shall collect a $5 passenger surcharge. Each 17 month, the corporation shall transmit the amount of the passenger surcharge collected 18 under this section to the Department of Revenue for deposit into the general fund. The 19 amount of the passenger surcharge collected under this section is not revenue generated 20 by or appropriated to the corporation. The Department of Revenue and the legislative 21 auditor may review the accounts and records of the corporation as necessary to 22 determine compliance with this section. 23 * Sec. 4. This Act takes effect January 1, 2000.