RATES Act

Returning Amtrak To Economic Sustainability Act or the RATES Act

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.

[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[H.R. 7204 Introduced in House (IH)]

<DOC>






117th CONGRESS
  2d Session
                                H. R. 7204

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


_______________________________________________________________________


                    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.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Returning Amtrak To Economic 
Sustainability Act'' or the ``RATES Act''.

SEC. 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''.
                                 <all>