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United States · Law · HR

H.R. 4250 (102nd)

Amtrak Authorization and Development Act

enactedUnited States· United States Congress· EN

Introduced

19 February 1992

Last action

Status

Became Public Law No: 102-533.

Sponsors

Subjects

Discovery layer

Source updated

5 February 2024

Summary

Amtrak Capital Acquisition and Technology Development Act - Amends the Rail Passenger Service Act to require the Secretary of Transportation (Secretary) to develop a plan for the elimination by December 31, 1997, of all highway at-grade crossings along the main line of the Northeast Corridor between Boston, Massachusetts, and New York, New York. Requires the National Railroad Passenger Corporation (Amtrak) to pay 20 percent of the cost of the elimination of each crossing. Directs Amtrak to develop and report to the Congress on a plan for the demonstration of new technologies in rail passenger equipment. Requires the Secretary to develop and submit to the Congress a program master plan that will permit the establishment of regularly scheduled, safe, and dependable rail passenger service between Boston and New York City, including appropriate intermediate stops, in three hours or less. Declares that no amendment of the articles of incorporation of Amtrak shall be required for the issuance of preferred stock. Declares that Amtrak's railroad subsidiaries, lessors, and lessees shall not be required to pay any additional taxes as a consequence of their expenditure of funds to acquire or improve real property, equipment, facilities, or right-of-way materials or structures used in the provision of rail passenger service. Authorizes appropriations for: (1) capital acquisition and Northeast Corridor development; (2) new corridor development, especially between densely populated cities and over long distances; (3) Amtrak operating expenses; and (4) certain mandatory payments. Repeals: (1) the Secretary's authority to guarantee loans to finance upgrading of roadbeds and the purchase or lease of rolling stock, certain systems, equipment and facilities for the improvement of rail passenger service; and (2) the prohibition on the use of intercity rail passenger service funds for the operation of Amtrak Commuter service.

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10 official files

Reported in House (text)

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