Mississippi Administrative Code
Title 6 - Economic Development
Part 1 - Financial Resources
Chapter 8 - Mississippi Freight Rail Service Projects Revolving Loan/Grant Program
Rule 6-1-8.2 - Eligibility
Current through September 24, 2024
The governing authority of a municipality or county must submit the application for assistance. The municipality or county may use the RAIL funds to provide loans to railroad corporations for freight rail service projects. Projects which are eligible for assistance must be for freight rail service projects in Mississippi's counties and municipalities and are as follows:
A. A project which involves the acquisition, construction, installation, operation, modification, renovation, or rehabilitation of any freight rail service facilities.
B. A project which may include any fixtures, machinery, or equipment used in conjunction with any such facilities.
C. Any project for any freight transportation purpose.
Miss. Code Ann. § 57-44-7 (Supp. 2008)