SB 1094
Creates a property tax exemption for trails operated through railroad easements
Sponsor:
LR Number:
6613S.03C
Committee:
Last Action:
5/13/2016 - Informal Calendar S Bills for Perfection--SB 1094-Kehoe, with SCS
Journal Page:
Title:
Calendar Position:
Effective Date:
August 28, 2016

Current Bill Summary

SCS/SB 1094 - Under current law, as an alternative to abandoning a railroad easement, an out-of-service rail corridor may be used as a trail until the railroad needs the corridor for rail service. Under this act, any portion of a landowner's parcel of land on which a trail is operated in this manner is exempt from property taxation.

DOMENIC SITA

Amendments