US Codex
Bill
Notes

Returning Amtrak To Economic Sustainability Act

H.R. 7204 · 117th Congress · Mar 24, 2022 · Lineage

A BILL

To amend title 49, United States Code, to encourage economic sustainability of intercity passenger rail service, and for other purposes.

1. Short title

This Act may be cited as the “Returning Amtrak To Economic Sustainability Act” or the “RATES Act”.

2. Amtrak mission and goals

(a)
Findings— Section 24101(a)(5) of title 49, United States Code, is amended by striking “Modern” and inserting “Economically sustainable”.
(b)
Mission— Section 24101(b) of title 49, United States Code, is amended by inserting “, while ensuring route profitability proportional to the Federal share of investment,” before “consisting of high quality”.
(c)
Goals— Section 24101(c)(1) of title 49, United States Code, is amended by striking “use its best business judgment in acting to”.