A bill to provide for the submission of a plan of rationalization of rail properties of the Consolidated Rail Corporation, and for other purposes.

Summary

Directs the United States Railway Association, by a certain date, to make recommendations to the Congress in regard to: (1) projected funding requirements of the Consolidated Rail Corporation (ConRail); and (2) the future structure and activities of ConRail in a defined region necessary or appropriate to meet specified goals. Directs ConRail, within 30 days of the enactment of this Act, to submit to the Association its findings in regard to rail properties which it will propose for abandonment or transfer for continued operation. Directs the Association to publish in the Federal Register its preliminary findings on such submission. Sets forth information to be included in such findings. Specifies those to receive such findings on the date of publication. Directs the Interstate Commerce Commission to hold hearings on such findings and submit the evidence from such hearings to Congress and the Association within a specified period. Directs the Association, within 60 days of the receipt of such evidence, to submit to Congress, the Commission, and the Secretary of Transportation a plan of rationalization of ConRail properties. Mandates such plan to be consistent with specified goals and to identify rail properties which should be: (1) abandoned, (2) operated by means of a rail service continuation payment, or (3) transfered to a railroad or qualified person for continued operation. Directs the Commission and the Secretary to submit to Congress, within a specified time, evaluations of such plan. Sets forth provisions for Congressional review and approval or disapproval of such plan. Authorizes ConRail, with Congressional approval, to abandon specified properties or transfer identified rail properties to a railroad or other qualified person. Directs that such abandonments or transfers become effective under specified conditions. Authorizes appropriations to the Association to cover its administrative expenses for fiscal years 1981 and 1982.

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Documents

3 official files

• Passed Senate amended

  summary · EN · 22 May 1980

  Open at official source

• Reported to Senate with amendment(s)

  summary · EN · 15 May 1980

  Open at official source

• Introduced in Senate

  summary · EN · 2 April 1980

  Open at official source

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