3.0.0 2306 2023-01-15T04:48:32Z 2023-01-15T04:48:32Z Senate S S 2004-04-08 108 sscm00 Commerce, Science, and Transportation Committee Senate Standing Referred to 2004-04-08T19:39:24Z 2004-04-08 sscm00 Commerce, Science, and Transportation Committee Senate Read twice and referred to the Committee on Commerce, Science, and Transportation. (text of measure as introduced: CR S4031-4042) IntroReferral 2004-04-08 Sponsor introductory remarks on measure. (CR S4030-4031) IntroReferral B00100 9 Library of Congress 2004-04-08 Introduced in Senate IntroReferral 10000 9 Library of Congress M000303 Sen. McCain, John [R-AZ] JOHN MCCAIN R AZ SIDNEY N S001078 Sen. Sununu, John E. [R-NH] John Sununu R NH E. 2004-04-08 True Transportation and Public Works Accounting Administrative procedure Advice and consent of the Senate Authorization Bridges Capital investments Chief executive officers Civil Rights and Liberties, Minority Issues Collective bargaining Commerce Competitive bidding Congress Congressional oversight Congressional reporting requirements Congressional veto Connecticut Construction costs Consultants Corporate debt Corporate finance Corporate reorganizations Corporation directors Cost accounting Cost control Delaware Department of Transportation District of Columbia Economics and Public Finance Electronic government information Eminent domain Employee rights Employee selection Energy Energy conservation Environmental Protection Environmental assessment Executive reorganization Federal advisory bodies Federal aid to transportation Finance and Financial Sector Financial statements Fuel consumption Government Operations and Politics Government contractors Government corporations Government lending Government paperwork Government property Government publicity Government securities Government spending reductions Highspeed ground transportation Illinois Industrial arbitration Industrial relations Infrastructure Inspectors general Insurance companies Insurance premiums Interest Intergovernmental fiscal relations Internet Interstate commissions Interstate compacts Labor and Employment Labor contracts Land transfers Law Leases Legislative resolutions Liability insurance Liens Local finance Losses Maintenance and repair Maryland Massachusetts Mortgages Motor vehicle pollution control National Railroad Passenger Corporation (Amtrak) New Jersey New York State Noise Northeastern States Overhead costs Pennsylvania Population Presidential appointments Presidential commissions Privatization Profit Public Lands and Natural Resources Quality control Railroad commuting traffic Railroad employees Railroad engineering Railroad equipment Railroad finance Railroad freight operations Railroad passenger traffic Railroad rates Railroad safety Railroad terminals Railroads Relocation Rhode Island Right-of-way Science, Technology, Communications Severance pay Standards State finance Stock repurchasing Stocks Subsidies Traffic congestion Transportation insurance Transportation planning Tunnels Valuation Web sites Transportation and Public Works 00 2004-04-08 Introduced in Senate 2004-09-08T19:11:09Z Rail Passenger Service Restructuring, Reauthorization, and Development Act - Amends Federal law regarding the intercity passenger rail service program to restructure Amtrak into two independent entities known as: (1) the National Railroad Passenger Corporation (Amtrak), which shall provide overall supervision of the restructuring of the intercity passenger rail program; and (2) the American Passenger Railway Corporation (APRC), which shall be responsible (in place of Amtrak) for conducting passenger operations, infrastructure maintenance, and related services, including operation of reservation centers and ownership and maintenance of rolling stock.

Authorizes operating grants to States, and to the APRC, to reimburse operators of corridor routes and of long distance routes operated by Amtrak on the date before restructuring for a portion of the operating subsidies required to operate those routes with the same train frequencies.

Establishes the Long Distance Route Restructuring Commission, which shall submit to Congress a plan for restructuring long distance intercity passenger rail routes in a manner that will reduce Federal operating subsidies on them by at least 50 percent by the end of FY 2010. Sets forth certain criteria for the restructuring of a long distance route as a linked corridor. Provides for the transfer of certain Amtrak assets to the APRC.

Authorizes Northeast Corridor States and the District of Columbia to enter into the Northeast Corridor Compact to manage railroad operations and rail service and conduct related activities on the Northeast Corridor mainline between Boston Massachusetts, and Washington, DC (effectively succeeding to the responsibilities of Amtrak as manager of the Northeast Corridor).

Directs the Secretary to implement a capital grant program to restore the mainline of the Northeast Corridor to a state of good repair.

Authorizes the Secretary to make capital investment grants to establish or add additional train frequencies for new, and modernization of existing, intercity corridor passenger rail service.

Prohibits Amtrak and the APRC from entering into any obligation secured by assets. Directs the Inspector General of the Department of Transportation to employ an independent financial consultant to: (1) assess Amtrak's financial accounting and reporting system; and (2) design and assist the APRC in implementing a modern system.

Directs the Secretary of the Treasury to restructure Amtrak's indebtedness, and the Secretary of Transportation to negotiate with Amtrak debt- and leaseholders accordingly, and secure repayment agreements.

Authorizes appropriations.

]]> Rail Passenger Service Restructuring, Reauthorization, and Development Act Display Title Rail Passenger Service Restructuring, Reauthorization, and Development Act Official Title as Introduced A bill to reauthorize, restructure, and reform the intercity passenger rail service program. Introduced in Senate IS Short Titles as Introduced Rail Passenger Service Restructuring, Reauthorization, and Development Act Introduced in Senate 2004-04-08T04:00:00Z 2004-04-08 Read twice and referred to the Committee on Commerce, Science, and Transportation. (text of measure as introduced: CR S4031-4042) text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.