NRS705.4291. Legislative declaration. [Expires by limitation 1 year after the date on which the Governor declares by public proclamation that the Super Speed Ground Transportation System connecting southern California with southern Nevada has been completed, or on the date all borrowing made pursuant to NRS 705.42955 is retired, whichever is later.]

  The Legislature finds and declares that:

      1.  Passage of NRS 705.4291 to 705.4296, inclusive, is a declaration of legislative intent that the States of California and Nevada jointly consider and, if justified, pursue the development of a Super Speed Ground Transportation System connecting southern California with southern Nevada.

      2.  The System will:

      (a) Provide economic benefits to both southern California and southern Nevada.

      (b) Reduce reliance on gasoline- and diesel-fueled engines and encourage the use of alternative energy sources.

      (c) Reduce congestion on Interstate Highway No. 15 between southern California and Las Vegas.

      (d) Provide a working example for a transportation system that could play an essential role in the development of future commuter service in the Los Angeles Basin and the Las Vegas Valley.

      (e) Provide quick and convenient transportation service for residents and visitors in southern California and southern Nevada.

      (Added to NRS by 1987, 1357; A 1991, 177; 2001, 560; 2003, 5, 6)