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Code · BILL · 113th Congress · S. 2438 (Placed on Calendar Senate) — Making appropriations for the Departments of Transportation, and Housing and Urban Development, and related agencies... · Sec. 142

Sec. 142.

457 words·~2 min read·/bill/113/s/2438/pcs/section-142

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None of the funds in this Act shall be used to implement section 404 of title 23, United States Code. For necessary expenses of the Federal Railroad Administration, not otherwise provided for, $191,250,000, of which $15,400,000 shall remain available until expended. For necessary expenses for railroad research and development, $40,730,000, to remain available until expended. The Secretary of Transportation is authorized to issue direct loans and loan guarantees pursuant to sections 501 through 504 of the Railroad Revitalization and Regulatory Reform Act of 1976 ( Public Law 94–210 ), as amended, such authority to exist as long as any such direct loan or loan guarantee is outstanding: , That, pursuant to section 502 of such Act, as amended, no new direct loans or loan guarantee commitments shall be made using Federal funds for the credit risk premium during fiscal year 2015.
Provided To enable the Secretary of Transportation to make grants to the National Railroad Passenger Corporation as authorized by the Passenger Rail Investment and Improvement Act of 2008 (division B of Public Law 110–432 , hereafter referred to as such law for purposes of this heading), $1,390,000,000, to remain available until expended: , That of the amounts available under this heading, up to $149,000,000 shall be for debt service obligations, up to $350,000,000 shall be for the operation of intercity passenger rail, and not less than $50,000,000 shall be made available to bring Amtrak served facilities and stations into compliance with the Americans with Disabilities Act:
Provided , That after an initial distribution of up to $200,000,000, which shall be used by Amtrak as a working capital account, all remaining capital and debt service funds shall be provided only on a reimbursable basis: Provided further , That funding for the operation of intercity passenger rail, as authorized by section 101 of such law, shall be distributed no more frequently than quarterly: Provided further , That the Secretary may retain up to one-half of 1 percent of the funds provided under this heading to fund the costs of project management and oversight of activities authorized by subsections 101(a) and 101(c) of such law:
Provided further , That in addition to the project management oversight funds authorized under section 101(d) of such law, the Secretary may retain up to an additional one-half of 1 percent of the funds provided under this heading to fund expenses associated with Provided further section 24905 of title 49, United States Code: , That not later than 60 days after the date of enactment of this Act, the Corporation shall transmit, in electronic format, to the House and Senate Committees on Appropriations a business plan and 5-year Financial Plan for fiscal year 2015 as required under section 204 of such law.
Provided further
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  • Pub. L. 94-210
  • Pub. L. 110-432
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Sec. 142
Pub. L.Pub. L. 94-210
Pub. L.Pub. L. 110-432
Cites 2Cited by 0 across 0 sources
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