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FL S0842

FL S0842
South Florida Regional Transportation Authority


summary

Introduced
02/09/2017
In Committee
02/23/2017
Crossed Over
Passed
Dead
05/08/2017

Introduced Session

Potential new amendment
2017 Regular Session

Bill Summary

Authorizing the South Florida Regional Transportation Authority, in conjunction with the operation of a certain commuter rail service, to have the power to assume specified indemnification and insurance obligations, subject to certain requirements; prohibiting the South Florida Regional Transportation Authority from entering into, extending, or renewing certain contracts or agreements without the Department of Transportation's approval of the authority's expenditures; providing that certain funds constitute state financial assistance for specified purposes, etc.

AI Summary

This bill authorizes the South Florida Regional Transportation Authority (SFRTA) to assume certain indemnification and insurance obligations related to the operation of commuter rail service on a rail corridor. Specifically, it allows SFRTA to indemnify and hold harmless Florida East Coast Railway (FECR) and All Aboard Florida (AAF) for liability, costs, and expenses related to SFRTA's commuter rail passengers and rail corridor invitees, subject to certain limitations and risk allocation provisions. The bill also requires SFRTA to purchase $295 million in railroad liability insurance with a $5 million self-insurance retention account. Additionally, the bill prohibits SFRTA from entering into, extending, or renewing any contract or agreement that may be funded by the Department of Transportation without the department's prior approval of SFRTA's proposed expenditures. The bill also clarifies that funds provided to SFRTA by the department constitute state financial assistance for a state project.

Committee Categories

Budget and Finance, Transportation and Infrastructure

Sponsors (1)

Other Sponsors (2)

Appropriations (Senate), Transportation (Senate)

Last Action

Laid on Table, companion bill(s) passed, see CS/CS/CS/HB 695 (Ch. 2017-138), CS/CS/CS/HB 865 (Ch. 2017-42) (on 04/28/2017)

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