Sec. 3. goals

152 words·~1 min read·/statute-compilations/comps-1804/sec-3

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

## Sec. 3 goals The purpose of this Act is to provide for the restoration, maintenance, and improvement of the physical facilities and financial stability of the rail system of the United States. In order to achieve this purpose, it is hereby declared that the goals of this Act are— ####

(1)to assist the railroads of the Nation in rehabilitating the rail system in order to meet the demands of interstate commerce and the national defense; ####

(2)to reform Federal regulatory policy so as to preserve a safe, adequate, economical, efficient, and financially stable rail system; ####

(3)to assist the rail system to remain viable in the private sector of the economy; ####

(4)to provide a regulatory process that balances the needs of carriers, shippers, and the public; and ####

(5)to assist in the rehabilitation and financing of the rail system. # TITLE I RAIL TRANSPORTATION POLICY