Outside Section 9
Section 12F of chapter 25, as appearing in the 2006 Official Edition, is hereby amended by inserting after the second paragraph the following paragraph:-
The commission may make an assessment against each railroad corporation or railway company, based upon the intrastate operating revenues, as shown in the annual report of each of those companies to the transportation division. Each railroad corporation and railway company shall annually report by March 31 its intrastate operating revenues for the previous calendar year to the transportation division. The assessments shall be apportioned according to railroad corporation intrastate operating revenues, to produce an annual amount of not more than $500,000, as the commission shall annually determine and certify as sufficient to reimburse the commonwealth for funds appropriated by the general court for the operation of the transportation division related to railroad bridge inspections under section 83 of chapter 159, including the costs of fringe benefits and indirect costs as established by the commission. The funds may be used to compensate consultants for the purpose of railroad bridge inspections. Each company shall pay the amount assessed against it within 30 days after the date of the notice of assessment from the department. Such assessments shall be collected by the department and credited to the General Fund. Any funds unexpended in any fiscal year for the purposes for which such assessments were made shall be credited against the assessment to be made in the following fiscal year and the assessment in the following fiscal year shall be reduced by any such unexpended amount.
This section establishes an assessment to fund the oversight of railroad bridge inspections by the Department of Public Utilities.
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