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2011 North Carolina General Statutes
Chapter 136 Transportation.
Article 2D - Railroad Revitalization.
136-44.39. Department to provide State and federal financial assistance to short-line railroads.


NC Gen Stat § 136-44.39 What's This?

136‑44.39. Department to provide State and federal financial assistance to short‑line railroads.

The Department of Transportation is authorized to provide assistance to short‑line railroads to continue and enhance rail service in the State so as to assist in economic development and access to ports and military installations. Assistance under this section may involve both the Rail Industrial Access Program and the Short Line Infrastructure Access Program, as well as other innovative programs. Grants under this section shall not exceed fifty percent (50%) of the nonfederal share and must be matched by equal or greater funding from the applicant. (2011‑145, s. 28.13.)

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