6241-S AMH BURI BERN 012

SSB 6241 - H AMD TO TR COMM AMD (H-5288.7/06) 1062

By Representative Buri

ADOPTED 3/2/2006

   On page 52, after line 27, insert the following: "(e) In order to maintain the operation of the Palouse River & Coulee City rail lines, the office of financial management is authorized to negotiate an agreement wherein they may forgive all or part of the existing freight rail assistance loan to the current operator of the Palouse River & Coulee City rail lines in exchange for good and valuable consideration."

EFFECT: Authorizes the Office of Financial Management to negotiate an agreement with the current operator of the Palouse River & Coulee City rail lines that forgives all or part of the existing freight rail assistance loan, in exchange for good and valuable consideration.