tion 24319(a)(1) of title 49, United States Code (as added 
by section 201 of this Act), the following amounts: 
(1) For fiscal year 2015, $439,000,000. 
(2) For fiscal year 2016, $464,000,000. 
(3) For fiscal year 2017, $480,000,000. 
(4) For fiscal year 2018, $498,000,000. 
(b) NATIONAL NETWORK.—There are authorized to 
be appropriated to the Secretary for the use of Amtrak 
for deposit into the National Network account established 
under section 24319(a)(2) of title 49, United States Code 
(as added by section 201 of this Act), the following 
amounts: 
(1) For fiscal year 2015, $973,000,000. 
(2) For fiscal year 2016, $974,000,000. 
(3) For fiscal year 2017, $985,000,000. 
(4) For fiscal year 2018, $997,000,000. 
(c) PROJECT MANAGEMENT OVERSIGHT.—The Sec-
retary may withhold up to $2,000,000 of the amount ap-
propriated pursuant to subsection (a), and up to 
$2,000,000 of the amount appropriated pursuant to sub-
section (b), for the costs of management oversight of Am-
trak. 
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SEC. 102. AUTHORIZATION FOR AMTRAK OFFICE OF THE 
INSPECTOR GENERAL. 
There are authorized to be appropriated to the Sec-
retary for the Office of the Inspector General of Amtrak 
the following amounts: 
(1) For fiscal year 2015, $23,000,000. 
(2) For fiscal year 2016, $24,000,000. 
(3) For fiscal year 2017, $24,000,000. 
(4) For fiscal year 2018, $25,000,000. 
SEC. 103. NATIONAL INFRASTRUCTURE INVESTMENTS. 
(a) IN GENERAL.—There are authorized to be appro-
priated to the Secretary for capital grants under chapter 
244 of title 49, United States Code, the following 
amounts: 
(1) For fiscal year 2015, $300,000,000. 
(2) For fiscal year 2016, $300,000,000. 
(3) For fiscal year 2017, $300,000,000. 
(4) For fiscal year 2018, $300,000,000. 
(b) FEDERAL-STATE PARTNERSHIP FOR NORTHEAST 
CORRIDOR DEVELOPMENT AND IMPROVEMENT.—Of the 
amounts authorized to be appropriated under subsection 
(a), 50 percent for each fiscal year shall be available for 
carrying out section 24407 of title 49, United States Code, 
as added by section 301 of this Act. 
(c) PROJECT MANAGEMENT OVERSIGHT.—The Sec-
retary may withhold up to 1⁄2 of 1 percent of amounts 
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appropriated pursuant to chapter 244 of title 49, United 
States Code, for the costs of project management over-
sight of capital projects carried out pursuant to such chap-
ter. 
SEC. 104. NORTHEAST CORRIDOR. 
For purposes of this title, the term ‘‘Northeast Cor-
ridor’’ means the Northeast Corridor main line between 
Boston, Massachusetts, and the District of Columbia, and 
facilities and services used to operate and maintain that 
line. 
TITLE II—AMTRAK REFORM 
SEC. 201. AMTRAK PLANNING AND GRANT PROCESS. 
(a) REQUIREMENTS AND PROCEDURES.— 
(1) AMENDMENT.—Chapter 243 of title 49, 
United States Code, is amended by adding at the 
end the following new sections: 
‘‘§ 24317. Costs and revenues 
‘‘(a) IN GENERAL.—Not later than 60 days after the 
date of enactment of the Passenger Rail Reform and In-
vestment Act of 2014, Amtrak shall establish and main-
tain internal controls to ensure Amtrak’s costs and reve-
nues are allocated to either the Northeast Corridor or the 
National Network, including proportional shares of com-
mon and fixed costs. 
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‘‘(b) DEFINITION.—For purposes of this chapter, the 
term ‘Northeast Corridor’ means the Northeast Corridor 
main line between Boston, Massachusetts, and the District 
of Columbia, and facilities and services used to operate 
and maintain that line. 
‘‘§ 24318. Grant process 
‘‘(a) PROCEDURES
FOR GRANT REQUESTS.—Not 
later than 30 days after the date of enactment of the Pas-
senger Rail Reform and Investment Act of 2014, the Sec-
retary of Transportation shall establish and transmit to 
the Committee on Transportation and Infrastructure and 
the Committee on Appropriations of the House of Rep-
resentatives and the Committee on Commerce, Science, 
and Transportation and the Committee on Appropriations 
of the Senate substantive and procedural requirements, in-
cluding schedules, for grant requests under this section. 
‘‘(b) GRANT REQUESTS.—Amtrak shall transmit 
grant requests for Federal funds to be appropriated to the 
Secretary for the use of Amtrak to— 
‘‘(1) the Secretary; and 
‘‘(2) the Committee on Transportation and In-
frastructure and the Committee on Appropriations 
of the House of Representatives and the Committee 
on Commerce, Science, and Transportation and the 
Committee on Appropriations of the Senate. 
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‘‘(c) CONTENTS.—A grant request under subsection 
(b) shall— 
‘‘(1) provide a detailed financial analysis for the 
upcoming fiscal year for the Northeast Corridor, 
State-supported routes, and long-distance routes, in-
cluding 
projections 
for 
the 
items 
listed 
in 
24320(c)(1), as applicable, in comparison to prior 
fiscal year projections; 
‘‘(2) include a description of the work to be 
funded, along with cost estimates and an estimated 
timetable for completion of the projects covered by 
the request; 
‘‘(3) include an assessment of the continuing fi-
nancial stability of Amtrak; 
‘‘(4) be displayed on Amtrak’s website within a 
reasonable timeframe following its submission to the 
entities described in subsection (b); and 
‘‘(5) be in similar format and substance to 
those submitted by executive agencies of the Federal 
Government. 
‘‘(d) REVIEW AND APPROVAL.— 
‘‘(1) 30-DAY
APPROVAL
PROCESS.—The Sec-
retary shall complete the review of a grant request 
and approve or disapprove the request not later than 
30 days after the date on which Amtrak submits the 
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grant request. If the Secretary disapproves the re-
quest or determines that the request is incomplete or 
deficient, the Secretary shall include the reason for 
disapproval or the incomplete items or deficiencies in 
a notice to Amtrak. 
‘‘(2) 15-DAY MODIFICATION PERIOD.—Not later 
than 15 days after receiving notification from the 
Secretary under paragraph (1), Amtrak shall submit 
a modified request for the Secretary’s review. 
‘‘(3) REVISED REQUESTS.—Not later than 15 
days after receiving a modified request from Am-
trak, the Secretary shall either approve the modified 
request, or, if the Secretary finds that the request 
is still incomplete or deficient, the Secretary shall 
identify in writing to the Committee on Transpor-
tation and Infrastructure and the Committee on Ap-
propriations of the House of Representatives and the 
Committee on Commerce, Science, and Transpor-
tation and the Committee on Appropriations of the 
Senate the remaining deficiencies and recommend a 
process for resolving the outstanding portions of the 
request. 
‘‘(e) PAYMENT TO AMTRAK.— 
‘‘(1) IN GENERAL.—Except as provided in para-
graph (2), in each fiscal year for which amounts are 
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authorized to be appropriated, amounts appropriated 
shall be paid to Amtrak as follows: 
‘‘(A) 50 percent on October 1. 
‘‘(B) 25 percent on January 1. 
‘‘(C) 25 percent on April 1. 
‘‘(2) EXCEPTION.—The Secretary may make a 
payment to Amtrak of appropriated funds more fre-
quently than once every 90 days if Amtrak, for good 
cause, requests more frequent payment before a 90- 
day period ends. 
‘‘(f) AVAILABILITY OF AMOUNTS AND EARLY APPRO-
PRIATIONS.—Amounts appropriated to the Secretary for 
the use of Amtrak shall remain available until expended. 
Amounts for capital acquisitions and improvements may 
be appropriated for a fiscal year before the fiscal year in 
which the amounts will be obligated. 
‘‘(g) LIMITATIONS ON USE.—Amounts appropriated 
to the Secretary for the use of Amtrak may not be used 
to subsidize operating losses of commuter rail passenger 
or rail freight transportation. 
‘‘§ 24319. Accounts 
‘‘(a) ESTABLISHMENT OF ACCOUNTS.—Amtrak shall 
establish— 
‘‘(1) a Northeast Corridor Improvement Fund 
account; and 
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‘‘(2) a National Network account. 
‘‘(b) NORTHEAST CORRIDOR IMPROVEMENT FUND 
ACCOUNT.— 
‘‘(1) DEPOSITS.—Amtrak shall deposit in the 
Northeast Corridor Improvement Fund account es-
tablished under subsection (a)(1)— 
‘‘(A) grant funds appropriated for the 
Northeast Corridor Improvement Fund pursu-
ant to section 101(a) of the Passenger Rail Re-
form and Investment Act of 2014 or any subse-
quent Act; 
‘‘(B) compensation received from com-
muter rail passenger transportation on the 
Northeast Corridor provided to Amtrak pursu-
ant to section 24905(c); and 
‘‘(C) any operating surplus of the North-
east Corridor, as allocated pursuant to section 
24317. 
‘‘(2) USE OF NORTHEAST CORRIDOR IMPROVE-
MENT FUND ACCOUNT.—Except as provided in sub-
section (d), amounts deposited in the Northeast Cor-
ridor Improvement Fund account shall be made 
available for the use of Amtrak for— 
‘‘(A) capital projects described in section 
24401(2) (A) or (B) to bring the Northeast 
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Corridor to a state-of-good-repair, including 
projects 
described 
in 
section 
24906(a)(2)(E)(i)(I); 
‘‘(B) capital projects intended to increase 
corridor capacity, improve service reliability, 
and reduce travel time for rail users on the 
Northeast Corridor, including projects described 
in 
subclauses 
(II) 
and 
(III) 
of 
section 
24906(a)(2)(E)(i), consistent with the planning 
process established under section 24906; and 
‘‘(C) retirement of principal and payment 
of interest on loans for capital equipment, or 
capital leases, attributable to the Northeast 
Corridor. 
‘‘(c) NATIONAL NETWORK ACCOUNT.— 
‘‘(1) DEPOSITS.—Amtrak shall deposit in the 
account established under subsection (a)(2)— 
‘‘(A) grant funds appropriated for the Na-
tional Network pursuant to section 101(b) of 
the Passenger Rail Reform and Investment Act 
of 2014, or any subsequent Act; 
‘‘(B) compensation received from States 
provided to Amtrak pursuant to section 209 of 
the Passenger Rail Investment and Improve-
ment Act of 2008 (42 U.S.C. 24101 note); and 
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‘‘(C) any operating surplus from the Na-
tional Network, as allocated pursuant to section 
24317. 
‘‘(2) USE OF NATIONAL NETWORK ACCOUNT.— 
Except as provided in subsection (d), amounts de-
posited in the National Network account shall be 
made available for the use of Amtrak for capital ex-
penses and operating costs of the National Network 
and retirement of principal and payment of interest 
on loans for capital equipment, or capital leases, at-
tributable to the National Network. 
‘‘(d) TRANSFER AUTHORITY.— 
‘‘(1) AUTHORITY.—Amtrak may transfer any 
funds appropriated pursuant to the Passenger Rail 
Reform and Investment Act of 2014 or any other 
Act, or any surplus generated by operations, between 
the Northeast Corridor Improvement Fund and Na-
tional Network accounts upon the expiration of 60 
days after Amtrak has notified the Amtrak Board of 
Directors of such transfer. 
‘‘(2) REPORT.—Not later than 30 days after 
the Amtrak Board of Directors receives notification 
from Amtrak under paragraph (1), the Board shall 
transmit a report to the Secretary, the Committee 
on Transportation and Infrastructure and the Com-
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mittee on Appropriations of the House of Represent-
atives, and the Committee on Commerce, Science, 
and Transportation and the Committee on Appro-
priations of the Senate, that includes— 
‘‘(A) the amount of the transfer; and 
‘‘(B) a detailed explanation of the reason 
for the transfer, including effects on Amtrak 
services if no transfer were made. 
‘‘(e) LETTERS OF INTENT.— 
‘‘(1) REQUIREMENT.—The Secretary shall issue 
a letter of intent to Amtrak announcing an intention 
to obligate, for a major capital project described in 
subclauses 
(II) 
and 
(III) 
of 
section 
24906(a)(2)(E)(i), an amount from future available 
budget authority specified in law that is not more 
than the amount stipulated as the financial partici-
pation of the Secretary in the project. 
‘‘(2) NOTICE TO CONGRESS.—At least 30 days 
before issuing a letter under paragraph (1), the Sec-
retary shall notify in writing the Committee on 
Transportation and Infrastructure and the Com-
mittee on Appropriations of the House of Represent-
atives, and the Committee on Commerce, Science, 
and Transportation and the Committee on Appro-
priations of the Senate, of the proposed letter. The 
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Secretary shall include with the notification a copy 
of the proposed letter, the criteria used for selecting 
the project for a grant award, and a description of 
how the project meets criteria of this section. 
‘‘(3) CONTINGENT NATURE OF OBLIGATION OR 
COMMITMENT.—An 
obligation 
or 
administrative 
commitment may be made only when amounts are 
appropriated. The letter of intent shall state that the 
contingent commitment is not an obligation of the 
Federal Government, and is subject to the avail-
ability of appropriations under Federal law and to 
Federal laws in force or enacted after the date of 
the contingent commitment. 
‘‘(f) ROLLING STOCK PURCHASES.—Prior to entering 
into contracts in excess of $100,000,000 for rolling stock 
procurements, Amtrak shall submit a business case anal-
ysis to the Secretary, the Committee on Transportation 
and Infrastructure and the Committee on Appropriations 
of the House of Representatives, and the Committee on 
Commerce, Science, and Transportation and the Com-
mittee on Appropriations of the Senate, on the utility of 
such purchase. This analysis shall— 
‘‘(1) include a cost and benefit comparison that 
describes the total lifecycle costs and the anticipated 
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benefits related to revenue, operational efficiency, re-
liability, and other factors; 
‘‘(2) set forth the total payments by fiscal year; 
‘‘(3) identify the specific source and amounts of 
funding for each payment, including Federal funds, 
State funds, Amtrak profits, Federal, State, or pri-
vate loans or loan guarantees, and other funding; 
‘‘(4) include whether any payment under the 
contract will increase Amtrak’s grant request, as re-
quired under section 24318, in that particular fiscal 
year; and 
‘‘(5) describe how Amtrak will adjust the pro-
curement if future funding is not available.’’. 
(2) TABLE
OF
SECTIONS
AMENDMENT.—The 
table of sections for chapter 243 of title 49, United 
States Code, is amended by adding at the end the 
following new items: 
‘‘24317. Costs and revenues. 
‘‘24318. Grant process. 
‘‘24319. Accounts.’’. 
(b) NORTHEAST CORRIDOR PLANNING.— 
(1) AMENDMENT.—Chapter 249 of title 49, 
United States Code, is amended by adding at the 
end the following new section: 
‘‘§ 24906. Northeast Corridor planning 
‘‘(a) NORTHEAST CORRIDOR CAPITAL INVESTMENT 
PLAN.— 
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‘‘(1) 
REQUIREMENT.—Not 
later 
than 
months after the date of enactment of the Passenger 
Rail Reform and Investment Act of 2014, and annu-
ally thereafter, the Northeast Corridor Infrastruc-
ture and Operations Advisory Commission estab-
lished under section 24905 (referred to in this sec-
tion as the ‘Commission’) shall develop a capital in-
vestment plan for the Northeast Corridor main line 
between Boston, Massachusetts, and the District of 
Columbia, and the Northeast Corridor branch lines 
connecting to Harrisburg, Pennsylvania, Springfield, 
Massachusetts, and Spuyten Duyvil, New York, and 
facilities and services used to operate and maintain 
those lines. 
‘‘(2) CONTENTS.—Each such plan shall— 
‘‘(A) be developed to establish a coordi-
nated approach to capital spending on the 
Northeast Corridor; 
‘‘(B) cover a period of 5 fiscal years, be-
ginning with the first fiscal year after the date 
of the plan; 
‘‘(C) notwithstanding section 24902(b), 
prioritize projects and investments along the 
Northeast Corridor based on— 
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‘‘(i) the anticipated benefits and costs 
of projects; 
‘‘(ii) the anticipated Federal and non- 
Federal funding available; and 
‘‘(iii) the information contained in the 
Northeast Corridor asset management 
plans required under subsection (b), once 
available; 
‘‘(D) ensure coordination and optimization 
across the entire Northeast Corridor and among 
the various owners and users; 
‘‘(E) include a financial plan for the in-
vestment period that— 
‘‘(i) categorizes each capital project as 
being primarily associated with— 
‘‘(I) normalized capital replace-
ment; 
‘‘(II) replacement, rehabilitation, 
or repair of Northeast Corridor infra-
structure assets, including tunnels, 
bridges, stations, and other assets; or 
‘‘(III) improvement of train per-
formance on the Northeast Corridor, 
including reduced trip times, in-
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creased train frequencies, higher oper-
ating speeds, and other improvements; 
‘‘(ii) identifies the anticipated funding 
source and financing method for each cap-
ital project described in subclauses (II) 
and (III) of clause (i); 
‘‘(iii) describes the anticipated out-
comes of each project, including— 
‘‘(I) an assessment of the poten-
tial effect on passenger accessibility, 
operations, safety, reliability, and re-
siliency, and on the ability of infra-
structure owners and operators to 
meet regulatory requirements should 
the project not be funded; and 
‘‘(II) an assessment of the bene-
fits and costs; 
‘‘(iv) identifies the extent to which the 
capital assets are or will be jointly used by 
intercity passenger rail service and other 
users, and the proportionate share of that 
joint usage; and 
‘‘(v) for projects that are expected to 
be fully or partially funded through Fed-
eral financial assistance, identifies the 
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most appropriate public agency or entity to 
receive those funds and implement each 
capital project. 
‘‘(3) ADDITIONAL CONTENTS.—Any plan devel-
oped under paragraph (1) after the publication by 
the Secretary of Transportation of the Northeast 
Corridor service development plan shall also— 
‘‘(A) be developed to identify, prioritize, 
and phase the implementation of projects nec-
essary to achieve the goals and findings con-
tained in such Northeast Corridor service devel-
opment plan; 
‘‘(B) 
allow 
for 
flexibility 
to 
change 
prioritization and programs based upon the 
availability of Federal and non-Federal funding; 
‘‘(C) inform the Secretary in developing 
recommendations for Congress on Federal fund-
ing needs for the Northeast Corridor and any 
corresponding Federal investments in the re-
spective capital programs for Northeast Cor-
ridor infrastructure owners and users; and 
‘‘(D) capture the network-level anticipated 
outcomes associated with plan implementation, 
including the anticipated effect on passenger 
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accessibility, operations, safety, reliability, and 
resiliency. 
‘‘(b) NORTHEAST CORRIDOR ASSET MANAGEMENT 
PLANS.— 
‘‘(1) CONTENTS.—Amtrak, and States and pub-
lic transportation entities that own infrastructure 
that supports or provides for intercity rail passenger 
transportation on the Northeast Corridor, shall de-
velop and update as necessary Northeast Corridor 
asset management plans for the Northeast Corridor 
main line between Boston, Massachusetts, and the 
District of Columbia, and the Northeast Corridor 
branch lines connecting to Harrisburg, Pennsyl-
vania, Springfield, Massachusetts, and Spuyten 
Duyvil, New York, and facilities and services used to 
operate and maintain those lines, that— 
‘‘(A) are consistent with the Federal Tran-
sit Administration process, as authorized under 
section 5326, when implemented; 
‘‘(B) include, at a minimum— 
‘‘(i) an inventory of all capital assets 
owned by the developer of the plan; 
‘‘(ii) an assessment of the condition of 
each of those assets; 
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