Vermont S0085 requires General Assembly approval for extensions of State-owned railroad leases.
Vermont S0085 mandates that all extensions for leases of State-owned railroad property must be approved by the General Assembly. The Secretary of the Agency of Transportation, acting on behalf of the State, can lease or arrange for the continued operation of State-owned railroad property to a responsible operator, subject to General Assembly approval. If the General Assembly is not in session, the Joint Transportation Oversight Committee must approve the lease.
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