49 U.S.C. § 24318 — Costs and revenues

submitted 11 years ago by Pub. L. 114-94 to r/title-49-TRANSPORTATION · 137 words · no verdicts yet

in plain englishAI-generated · not legal advice

Amtrak must set up controls to properly split its costs and revenue between the Northeast Corridor and National Network. This includes fairly sharing common and fixed costs between the two. Nothing here stops Amtrak from making separate cost-sharing deals with states.

(a) Allocation — Amtrak must set up and maintain internal controls to make sure its costs, revenue, and other payments are properly split between the Northeast Corridor (including its train services and infrastructure) and the National Network — including a fair share of costs that are common to both or fixed. (b) Rule of Construction — Nothing in this section stops Amtrak from making a separate agreement with one or more states to divide operating and capital costs under section 209 of the Passenger Rail Investment and Improvement Act of 2008. (c) Definition of Northeast Corridor — For this section only, "Northeast Corridor" means the main rail line between Boston and Washington, D.C., plus the facilities and services used to run and maintain it — regardless of how section 24102 defines it elsewhere.

the actual law source: uscode.house.gov ↗public domain

(a)Allocation.—

Amtrak shall establish and maintain internal controls to ensure Amtrak’s costs, revenues, and other compensation are appropriately allocated to the Northeast Corridor, including train services or infrastructure, or the National Network, including proportional shares of common and fixed costs.

(b)Rule of Construction.—

Nothing in this section shall be construed to limit the ability of Amtrak to enter into an agreement with 1 or more States to allocate operating and capital costs under section 209 of the Passenger Rail Investment and Improvement Act of 2008 (49 U.S.C. 24101 note).

(c)Definition of Northeast Corridor.—

Notwithstanding section 24102, for purposes of this section, 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.

Source credit: (Added Pub. L. 114–94, div. A, title XI, § 11202(a), Dec. 4, 2015, 129 Stat. 1628; amended Pub. L. 117–58, div. B, title II, § 22206(a), Nov. 15, 2021, 135 Stat. 700.)

history & why it existsrecord from the source credit

2015Enacted · Pub. L. 114-94 · 129 Stat. 1628
2021Amended · Pub. L. 117-58 · 135 Stat. 700

A history note hasn’t been published yet. The record shows enactment by Pub. L. 114-94 on 2015-12-04.

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