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Ohio Statutes, Title 49

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Title 49, Title 49. Public Utilities

34 chapters · 1,096 sections in this title.

All chapters in Title 491,096 Ch 4928, Chapter 4928 | Competitive Retail El…110 Ch 4905, Chapter 4905 | Public Utilities Comm…94 Ch 4909, Chapter 4909 | Public Utilities Comm…73 Ch 4907, Chapter 4907 | Public Utilities Comm…70 Ch 4951, Chapter 4951 | Street Railways And I…54 Ch 4955, Chapter 4955 | Tracks; Crossings52 Ch 4929, Chapter 4929 | Alternate Rate Plan F…47 Ch 4933, Chapter 4933 | Companies - Gas; Elec…45 Ch 4981, Chapter 4981 | Rail Development Comm…39 Ch 4957, Chapter 4957 | Elimination Of Crossings38 Ch 4961, Chapter 4961 | Special Powers Of Rai…37 Ch 4906, Chapter 4906 | Power Siting35 Ch 4903, Chapter 4903 | Public Utilities Comm…31 Ch 4913, Chapter 4913 | Public Utilities Comm…30

39 sections·Filtered byTitle 49✕Ch 4981✕

Ohio Rev. Code Ann. § 4981.01 Rail development commission definitions
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As used in sections 4981.01 to 4981.34 of the Revised Code:(A) "Person" means, in addition to the meaning given that term in division (C) of section 1.59 of the Revised Code, any unit of local government, any local or regional transportation authority, and any private corporation…
Ohio Rev. Code Ann. § 4981.02 Ohio rail development commission
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(A) There is hereby created the Ohio rail development commission, as an independent agency of the state within the department of transportation, consisting of the following members: (1) Two members of the Ohio senate, one of whom shall be appointed by and serve at the pleasure of…
Ohio Rev. Code Ann. § 4981.03 Duties of rail development commission
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(A) The Ohio rail development commission shall do all of the following:(1) Develop, promote, and support safe, adequate, and efficient rail service throughout the state;(2) Maintain adequate programs of investigation, research, promotion, planning, and development for rail servic…
Ohio Rev. Code Ann. § 4981.031 Applying for federal loans
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(A) The Ohio rail development commission or the department of transportation, on behalf of the commission, may apply for and receive from the United States government loans and grants in accordance with any federal law or program concerning rail transportation.(B) It is hereby fo…

Ohio Rev. Code Ann. § 4981.032 Issuing grants and loans

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The Ohio rail development commission may issue grants and loans to any transportation authority or to any person for the purpose of continuing or instituting rail transportation in the state. The grants and loans may be used for rehabilitation, construction, planning, relocation,…

Ohio Rev. Code Ann. § 4981.033 Indemnification - liability insurance coverage

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(A) Notwithstanding section 4961.37 of the Revised Code, a railroad company, public agency, or other person operating passenger rail service on a right-of-way owned by another shall indemnify and hold harmless the owner, user, or other rights holder for liability for any damages …

Ohio Rev. Code Ann. § 4981.04 Plan for construction and operation of intercity conventional or high speed passenger transportation system

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(A) The Ohio rail development commission shall prepare a plan for the construction and operation of an intercity conventional or high speed passenger transportation system in this state. The system shall be constructed and operated by the commission or its designees. The plan for…

Ohio Rev. Code Ann. § 4981.05 Application for loans or other assistance

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(A) Any local or regional transportation authority may apply for a rail service continuation subsidy, acquisition or modernization loan, or any other assistance provided by the Regional Rail Reorganization Act for the purpose of providing any rail service that is consistent with …

Ohio Rev. Code Ann. § 4981.06 Acquiring property, facilities, or equipment

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(A) The Ohio rail development commission may purchase or lease any portion of the rail property of a railroad corporation, and may purchase or lease any other property, facilities, or equipment considered necessary by the commission for the operation of rail services, and the mai…

Ohio Rev. Code Ann. § 4981.07 Restoration, repair, relocation, or upgrading rail property

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(A) The Ohio rail development commission may restore, repair, relocate, or upgrade any rail property purchased, leased, or maintained by the commission. The commission may restore, repair, relocate, or upgrade any rail property owned by another person as long as such action is ne…

Ohio Rev. Code Ann. § 4981.08 Sale, transfer, or lease of rail property

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(A) The Ohio rail development commission may sell, transfer, or lease any of the rail property that it possesses to any person for the continuation and operation of any rail service that is provided for pursuant to this chapter.(B) The commission may assist any person to obtain a…

Ohio Rev. Code Ann. § 4981.09 Rail development fund

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There is hereby created in the state treasury the rail development fund. The fund shall consist of such moneys as may be provided by law, including moneys received from the sale, transfer, or lease of any rail property pursuant to section 4981.08 of the Revised Code. Moneys in th…

Ohio Rev. Code Ann. § 4981.091 Federal rail fund

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There is hereby created in the state treasury the federal rail fund. The fund shall consist of money received pursuant to section 4981.08 of the Revised Code and such other money as may be provided by law. The fund shall be used to acquire, rehabilitate, or develop rail property …

Ohio Rev. Code Ann. § 4981.10 Conditions for purchasing property, facilities or equipment

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As long as such action does not violate covenants made on behalf of or for the benefit of the holders of bonds, notes, or other obligations of the Ohio rail development commission, the Ohio rail development commission may purchase any portion of the rail property of a railroad co…

Ohio Rev. Code Ann. § 4981.11 Bond proceedings definitions

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(A) "Commission" means the Ohio rail development commission created in section 4981.02 of the Revised Code, the duties, powers, responsibilities, and functions of which are specified in this chapter.(B) "Bond" means revenue bonds, notes, or other obligations including current or …

Ohio Rev. Code Ann. § 4981.12 Financing rail service

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(A) The general assembly hereby finds and declares that increasing requirements for rail service for the people of the state and escalating costs of providing such rail service have created inordinate demands upon the financial resources of the state, qualifying subdivisions, pri…

Ohio Rev. Code Ann. § 4981.13 Issuing loans and bonds to finance rail projects

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To accomplish the public policies and purposes and to meet the responsibility of the state as set forth in this chapter, the Ohio rail development commission may directly undertake and implement and make loans to qualifying subdivisions, local or regional transportation authoriti…

Ohio Rev. Code Ann. § 4981.131 Borrowing and bond power not exclusive

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(A) The power and authority provided by this chapter to qualifying subdivisions and local or regional transportation authorities to borrow for permitted loan purposes is in addition and supplemental to, not in derogation of, any other power or authority provided by law for the sa…

Ohio Rev. Code Ann. § 4981.14 Powers of rail development commission

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(A) The Ohio rail development commission may exercise all powers necessary or appropriate to carry out its corporate purposes. (B) The commission may do all of the following:(1) Adopt, and from time to time, ratify, amend, and repeal bylaws necessary and proper for the regulation…

Ohio Rev. Code Ann. § 4981.15 Bonds not a debt of state

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(A) The Ohio rail development commission, from time to time, may issue bonds in such principal amounts as the commission finds necessary to finance one or more rail service projects. Sections 9.98 to 9.983 of the Revised Code are hereby made applicable in their entirety to any bo…

Ohio Rev. Code Ann. § 4981.16 Determinations in connection with issuance of bonds

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The Ohio rail development commission may make the following determinations in connection with any issuance of its bonds:(A) The number, location, and other characteristics of projects, including to the extent reasonably possible, assurance that the projects to be financed by bond…

Ohio Rev. Code Ann. § 4981.17 Securing bonds by trust agreement or indenture of mortgage

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(A) In the discretion of the Ohio rail development commission, the bonds may be secured by a trust agreement or indenture of mortgage between the issuer and a corporate trustee, which may be any trust company or bank having the powers of a trust company within or without this sta…

Ohio Rev. Code Ann. § 4981.18 Protection and enforcement of rights of bondholder and trustees

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(A) Any holder of bonds issued pursuant to sections 4981.11 to 4981.26 of the Revised Code or a trustee under a trust agreement or indenture of mortgage entered into pursuant to section 4981.17 of the Revised Code, except to the extent that their rights are restricted by the bond…

Ohio Rev. Code Ann. § 4981.19 Bonds are lawful investments

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All bonds issued under sections 4981.11 to 4981.26 of the Revised Code are lawful investments of banks, societies for savings, savings and loan associations, deposit guarantee associations, trust companies, trustees, fiduciaries, insurance companies, including domestic for life a…

Ohio Rev. Code Ann. § 4981.20 Rail development commission property subject to taxation and zoning, planning, and building regulations and fees

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(A) Any real or personal property, or both, of the Ohio rail development commission that is acquired, constructed, reconstructed, enlarged, improved, furnished, or equipped, or any combination thereof, and leased or subleased under authority of sections 4981.11 to 4981.26 of the …

Ohio Rev. Code Ann. § 4981.21 Special assessment installments

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When a special assessment is made on real property owned by the Ohio rail development commission and leased under authority of sections 4981.11 to 4981.26 of the Revised Code, the installments of the assessment shall be paid by the lessee of such real property so long as such pro…

Ohio Rev. Code Ann. § 4981.22 Issuing refunding bonds

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The Ohio rail development commission may issue refunding bonds to refund any bonds it previously issued under sections 4981.11 to 4981.26 of the Revised Code, for any of the following purposes:(A) Refunding bonds which have matured or are about to mature when the rentals, revenue…

Ohio Rev. Code Ann. § 4981.24 Conveying public property to rail development commission

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Any political subdivision, taxing district, or other public body of this state, without competitive bidding, may convey or exchange with the Ohio rail development commission, for use in connection with a project, any or all of its interests in real or personal property, or both, …

Ohio Rev. Code Ann. § 4981.25 Designation of corporation as agent of state

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In accordance with Section 13 of Article VIII, Ohio Constitution, the state, acting through the Ohio rail development commission, for the purpose of implementing rail service, may by resolution designate a corporation organized under Chapter 1702. or 1724. of the Revised Code as …

Ohio Rev. Code Ann. § 4981.26 Waiver of other laws

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(A) A project of the Ohio rail development commission shall not be subject to the requirements relating to public buildings, structures, grounds, works, or improvements imposed by section 125.81, 713.02, or 713.25 of the Revised Code or any other similar requirements that may be …

Ohio Rev. Code Ann. § 4981.28 Development of rail service by private corporations

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(A) The general assembly hereby finds and declares that it is in the public interest for private corporations or organizations to participate in the providing of rail service through the financing, design, construction, reconstruction, operation, and maintenance by private person…

Ohio Rev. Code Ann. § 4981.29 Encouraging private participation

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(A) In addition to the powers contained in section 4981.14 of the Revised Code, the Ohio rail development commission may do all of the following:(1) Notwithstanding division (A) of section 4981.04 of the Revised Code, adopt a plan for private participation in the financing, desig…

Ohio Rev. Code Ann. § 4981.30 Applying for and award of franchises

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(A) The Ohio rail development commission, in accordance with Chapter 119. of the Revised Code, shall adopt, and may amend and rescind, rules governing the process whereby a private corporation or organization may apply to the commission for a franchise for all or part of a rail s…

Ohio Rev. Code Ann. § 4981.31 Franchise for rail system

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(A) The award by the Ohio rail development commission of a franchise for all or part of a rail system shall be the sole license required for a franchisee to exercise all specified franchise powers and enjoy all specified franchise rights. The franchise shall be for a term of not …

Ohio Rev. Code Ann. § 4981.32 Authority granted by franchise agreement

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(A) A franchise agreement shall authorize the franchisee to do all of the following:(1) Acquire and dispose of real and personal property and request the Ohio rail development commission to appropriate real property for sale to the franchisee in accordance with division (A)(5) of…

Ohio Rev. Code Ann. § 4981.33 Review and monitoring of franchisee

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(A) The Ohio rail development commission shall review all plans and specifications of a franchisee for its portion of a rail system to ensure that the plans and specifications conform to commission standards, and shall inspect and approve the construction of all portions of the r…

Ohio Rev. Code Ann. § 4981.34 Issuing bonds

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(A) On behalf of a franchisee and pursuant to section 4981.15 of the Revised Code, the Ohio rail development commission may issue bonds for loans to finance development and construction of a franchisee's portion of a rail system. Any bonds issued pursuant to this section do not, …

Ohio Rev. Code Ann. § 4981.35 Interstate high speed intercity rail passenger network compact - interstate rail passenger advisory council

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The "Interstate High Speed Intercity Rail Passenger Network Compact" is hereby ratified, enacted into law and entered into by the state of Ohio with all other states legally joining therein the form substantially as follows:"INTERSTATE HIGH SPEED INTERCITY RAIL PASSENGERNETWORK C…

Ohio Rev. Code Ann. § 4981.40 Including all federally designated high-speed rail corridors in Ohio and all passenger rail corridors in Ohio hub study

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In any overall programmatic environmental impact study or other comprehensive high-speed rail project development study, the department of transportation and the rail development commission shall include all federally designated high-speed rail corridors in Ohio and all passenger…