RATES Act

Bill: 117-hr-7204
Sponsor: full_name: Rep. Crawford, Eric A. "Rick" [R-AR-1]
Introduced: 2022-03-24
Policy area: Transportation and Public Works
Latest action: action_date: 2022-03-25
text: Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.

Summaries:
action_date: 2022-03-24
action_desc: Introduced in House
text: <p><strong>Returning Amtrak To Economic Sustainability Act or the</strong> <strong>RATES Act</strong></p> <p>This bill revises the mission and goals of Amtrak. It encourages an economically sustainable intercity and commuter passenger rail system and requires Amtrak to ensure route profitability proportional to the federal share of investment.</p>

tv_txt: I 117th CONGRESS 2d Session H. R. 7204 IN THE HOUSE OF REPRESENTATIVES March 24, 2022 Mr. Crawford (for himself, Mr. Graves of Louisiana , Mr. Gallagher , Ms. Mace , Mr. Mast , Mr. Nehls , and Mr. Perry ) introduced the following bill; which was referred to the Committee on Transportation and Infrastructure 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 .