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REGIONAL RAIL REORGANIZATION ACT OF 1973

REGIONAL RAIL REORGANIZATION ACT OF 1973

(as amended through 1976)

AN ACT To authorize and direct the maintenance of adequate and efficient rail

services in the Midwest and Northeast region of the United States, and for other purposes

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That this Act, divided into titles and sections according to the following table of contents, may be cited as the “Regional Rail Reorganization Act of

1973”.

TABLE OF CONTENTS

TITLE I-GENERAL PROVISIONS

Sec. 101. Declaration of policy.
Sec. 102. Definitions.

TITLE II—UNITED STATES RAILWAY ASSOCIATION

Sec. 201. Formation and structure.
Sec. 202. General powers and duties of the Association.
Sec. 203. Access to information.
Sec. 204. Report.
Sec. 205. Rail Services Planning Office.
Sec. 206. Final system plan.
Sec. 207. Adoption of final system plan.
Sec. 208. Review by Congress.
Sec. 209. Judicial review.
Sec. 210. Obligations of the Association.
Sec. 211. Loans.
Sec. 212. Records, audit, and examination.
Sec. 213. Emergency assistance pending implementation.
Sec. 214. Authorization for appropriations.
Sec. 215. Maintenance and improvement of plant.
Sec. 216. Purchase of debentures and series A preferred stock.

TITLE III—CONSOLIDATED RAIL CORPORATION
Sec. 301. Formation and structure.
Sec. 302. Powers and duties of the Corporation.
Sec. 303. Valuation and conveyances of rail properties.
Sec. 304. Termination and continuation of rail services.
Sec. 305. Continuing reorganization; supplemental transactions.
Sec. 306. Certificates of value.
Sec. 307. Protection of Federal funds.

TITLE IV-LOCAL RAIL SERVICES
Sec. 401. Findings and purposes.
Sec. 402. Rail service continuation assistance.
Sec. 403. Acquisition and modernization loans.

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