Section 1 Short title
This Act may be cited as the “Rolling Stock Protection Act”.
Rolling Stock Protection Act
A BILL
To amend title 49, United States Code, to remove the lifetime exemption from the prohibition on procurement of rolling stock from certain vehicle manufacturers for parties to executed contracts.
Sec. 2 Removal of lifetime exemption from prohibition on procurement of rolling stock for parties to executed contracts
Section 5323(u)(5) of title 49, United State Code, is amended—
in subparagraph (B) by striking “Except as provided in subparagraph (C) and for a contract or subcontract that is not described in subparagraph (A)” and inserting “Except as provided in subparagraph (B)”;
in subparagraph (C) by striking “Subparagraph (B)” and inserting “Subparagraph (A)”;
by striking subparagraph (A); and
by redesignating subparagraphs (B) and (C) as subparagraphs (A) and (B), respectively.