|
|
|
A BILL TO BE ENTITLED
|
|
AN ACT
|
|
relating to entities operating railroads in this state. |
|
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
SECTION 1. Section 81.002, Transportation Code, is amended |
|
to read as follows: |
|
Sec. 81.002. APPLICABILITY. (a) In this title, a reference |
|
to a railroad company includes: |
|
(1) a railroad incorporated before September 1, 2007, |
|
under former Title 112, Revised Statutes; or |
|
(2) any other legal entity operating a railroad, |
|
including an entity organized under the Texas Business Corporation |
|
Act or the Texas Corporation Law provisions of the Business |
|
Organizations Code. |
|
(b) For the purposes of Subsection (a)(2), a legal entity |
|
operating a railroad includes: |
|
(1) an entity that owns or leases locomotives and |
|
passenger or freight rail cars; and |
|
(2) an entity that owns or leases rights-of-way used |
|
for the purposes of transporting people or goods by rail between at |
|
least two terminuses. |
|
SECTION 2. This Act takes effect September 1, 2015. |