Railroad Track Modernization Act of 2001

Summary

Railroad Track Modernization Act of 2001 - Amends Federal rail transportation law to direct the Secretary of Transportation to establish a program of capital grants to Class II and Class III railroads to rehabilitate, preserve, or improve railroad track (including roadbed, bridges, and related track structures) used primarily for freight transportation to a standard to accommodate 286,000 pound rail cars in a safe and efficient manner. Authorizes the Secretary to also make grants to supplement direct loans or loan guarantees (including for paying credit risk premiums, lowering rates of interest, or providing for a holiday on principal payments) for projects primarily benefitting non-Class I freight railroad carriers. Sets forth certain prevailing wage requirements with respect to projects financed by such grants.

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Documents

6 official files

• Reported in House (text)

  Reported in House · EN · 12 June 2001

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• Reported in House (PDF)

  Reported in House · EN · 12 June 2001

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• Reported to House with amendment(s)

  summary · EN · 12 June 2001

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• Introduced in House (text)

  Introduced in House · EN · 14 March 2001

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• Introduced in House (PDF)

  Introduced in House · EN · 14 March 2001

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• Introduced in House

  summary · EN · 14 March 2001

  Open at official source

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