State Codes and Statutes
Statutes > Connecticut > Title13b > Chap243 > Sec13b-78mSec. 13b-78m. New Haven Line rail fare increases. New Haven Line revitalization account. Annual budget. Method of applying increase. (a)(1) Effective January 1, 2010, each New Haven Line rail fare originating or terminating in the state shall be increased by one and one-quarter per cent over the existing fare on all rail fares on the New Haven Line and the proceeds of such increase shall be deposited in the account established by subsection (b) of this section.
(2) Effective January 1, 2011, each New Haven Line rail fare originating or terminating in the state shall be increased by one per cent over the existing fare and the proceeds of such increase shall be deposited in the account established by subsection (b) of this section.
(3) Effective January 1, 2012, each New Haven Line rail fare originating or terminating in the state shall be increased by one per cent over the existing fare and the proceeds of such increase shall be deposited in the account established by subsection (b) of this section.
(4) Effective January 1, 2013, each New Haven Line rail fare originating or terminating in the state shall be increased by one per cent over the existing fare and the proceeds of such increase shall be deposited in the account established by subsection (b) of this section.
(5) Effective January 1, 2014, each New Haven Line rail fare originating or terminating in the state shall be increased by one per cent over the existing fare and the proceeds of such increase shall be deposited in the account established by subsection (b) of this section.
(6) Effective January 1, 2015, each New Haven Line rail fare originating or terminating in the state shall be increased by one per cent over the existing fare and the proceeds of such increase shall be deposited in the account established by subsection (b) of this section.
(7) Effective January 1, 2016, each New Haven Line rail fare originating or terminating in the state shall be increased by one per cent over the existing fare and the proceeds of such increase shall be deposited in the account established by subsection (b) of this section.
(b) There is hereby created a restricted capital project account to be known as the New Haven Line revitalization account which shall be a nonlapsing account within the Special Transportation Fund. The following funds shall be deposited into the account: (1) The proceeds of the fare increases required by subsection (a) of this section, and (2) any other funds required by law to be deposited in the account. Funds in the account shall be used solely for capital costs and debt service incurred as part of the New Haven Line revitalization program undertaken pursuant to public act 05-4 of the June special session*, except that such funds may be used for the purchase of rail cars for the New Haven Line in addition to those specified in subdivision (1) of section 13b-78l.
(c) The Secretary of the Office of Policy and Management shall, in consultation with the Commissioner of Transportation, annually prepare a budget detailing how funds in the New Haven Line revitalization account shall be spent during the next fiscal year. On the approval of such budget by the Governor, the Commissioner of Transportation may expend funds from such account for the purposes stated therein.
(d) The Commissioner of Transportation shall, by regulations adopted in accordance with chapter 54, determine the method by which the increase shall be applied to daily, multiple-ride, weekly and monthly commutation tickets.
(June Sp. Sess. P.A. 05-4, S. 33; June Sp. Sess. P.A. 07-7, S. 90.)
*Public act 05-4 of the June special session is entitled "An Act Concerning the Authorization of Special Tax Obligation Bonds of the State for Certain Transportation Purposes". (See Reference Table captioned "Public Acts of June, 2005" in Volume 16 for sections amended, created or repealed by the act.)
History: June Sp. Sess. P.A. 05-4 effective January 1, 2006; June Sp. Sess. P.A. 07-7 replaced former Subsec. (a) re $1.00 surcharge with new Subsec. (a) re rail fare increases, amended Subsec. (b) by making a conforming change in Subdiv. (1) and adding "and debt service" and exception re purchase of rail cars for New Haven Line in Subdiv. (2), and replaced former Subsec. (d) re funds remaining on termination of surcharge with new Subsec. (d) re method of applying increase, effective November 2, 2007.
