H.R. 2992 · 109th Congress
True Reinvestment for Amtrak Infrastructure in the 21st Century Act
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Never voted on. It didn't reach a floor vote before the 109th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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MenendezSponsor17 cosponsors · 17 D
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Nadler
AS
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Schwartz
EB
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Blumenauer
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Cummings
RD
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DeLauro
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Engel
AH
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Hastings
CM
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Maloney
DP
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Payne
TR
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Ryan
BS
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Scott
SB
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Brown
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Frank
JM
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McDermott
JC
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Carson
MOD
Owens
AW
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Weiner2 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
True Reinvestment for Amtrak Infrastructure in the 21st Century Act - Amends federal transportation law to authorize appropriations for Amtrak for FY2006-2011 for: (1) capital expenditures and operating expenses; (2) certain mandatory payments; and (3) Amtrak's contractual obligations for commuter and state-supported passenger rail service.
What it does: CRS summary · Introduced in House · Jun 20, 2005
True Reinvestment for Amtrak Infrastructure in the 21st Century Act - Amends federal transportation law to authorize appropriations for Amtrak for FY2006-2011 for: (1) capital expenditures and operating expenses; (2) certain mandatory payments; and (3) Amtrak's contractual obligations for commuter and state-supported passenger rail service.
Requires Amtrak to transmit annually to the Secretary of Transportation and Congress a comprehensive business plan, including targets for ridership and for each intercity train route (including Autotrain), revenues, and capital and operating expenses. Prohibits the use of amounts appropriated under this Act to subsidize operating losses of commuter rail passenger or rail freight transportation.
Requires rail infrastructure improvement projects financed by this Act to comply with specified employee labor standards, including the prevailing wage requirements of the Davis-Bacon Act.
Amends the Amtrak Reform and Accountability Act of 1997 to repeal establishment of the Amtrak Reform Council.
Establishes an Enhanced Rail Service Corridor Pilot Program to support certain corridor rail infrastructure projects undertaken by states or multi-state compacts, using funding provided through the Rail Infrastructure Finance Corporation (established by this Act).
Amends federal transportation law to authorize states to prepare and maintain a state rail plan that sets forth state policy involving freight and passenger rail transportation, including commuter rail operations.
Amends federal highway law to designate additional high-speed rail corridors as eligible for surface transportation funds for the elimination of hazards of railway-highway crossings.
Establishes a nonprofit and nonpolitical Rail Infrastructure Finance Corporation to provide financial support for certain rail infrastructure improvement projects through issuance of qualified rail infrastructure bonds. Establishes a Rail Infrastructure Finance Trust.
Amends the Internal Revenue Code to allow a tax credit to a holder of a qualified rail infrastructure bond.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: True Reinvestment for Amtrak Infrastructure in the 21st Century Act
Latest action (Jun 21, 2005): Referred to the Subcommittee on Railroads.
Policy area: Transportation and Public Works · Origin: House · Introduced: Jun 20, 2005
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.