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49 U.S.C. § 24909 — Authorization of appropriations
Federal law — U.S. Code and appendices · legal_authorities
Page 726
TITLE 49—TRANSPORTATION
§ 24908
1 See References in Text note below.
Transportation gets only notes and mortgage agree-
ments under the source provisions restated in sub-
section (a) of this section.
In subsection (b), the words ‘‘obtained by the Sec-
retary’’ and ‘‘the provisions of subtitle IV of title 49,
the Securities Act of 1933 (15 U.S.C. 77a et seq.), and
. . . other’’ are omitted as surplus. The words ‘‘has the
same’’ are substituted for ‘‘shall enjoy all of the’’ for
clarity. The words ‘‘conveyance or’’ are omitted, and
the word ‘‘transfer’’ is substituted for ‘‘conveyances’’,
for consistency in this subtitle. The words ‘‘(including
section 303(e) thereof [45 U.S.C. 743(e)])’’ are omitted as
surplus. The words ‘‘section 303(b)’’ are substituted for
‘‘section 306(b)’’ to correct a mistake in section 217(c) of
the Rail Transportation Improvement Act (Public Law
94–555, 90 Stat. 2628).
In subsection (c), the words ‘‘to any party for any
damages, or in any other matter’’ are omitted as sur-
plus. The word ‘‘because’’ is substituted for ‘by reason
of the fact that’’ to eliminate unnecessary words. The
words ‘‘related to the note or agreement’’ are sub-
stituted for ‘‘in connection with’’ for clarity. The words
‘‘all’’ and ‘‘(including fees of accountants, experts, and
attorneys)’’ are omitted as surplus. The words ‘‘a civil
action’’ are substituted for ‘‘any litigation’’ for consist-
ency with rule 2 of the Federal Rules of Civil Procedure
(28 App. U.S.C.). The words ‘‘legal’’ and ‘‘given, issued,
or entered into’’ are omitted as surplus.
Editorial Notes
REFERENCES IN TEXT
The Regional Rail Reorganization Act of 1973, re-
ferred to in subsecs. (a) and (b), is Pub. L. 93–236, Jan.
2, 1974, 87 Stat. 985, which is classified principal
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Page 726
TITLE 49—TRANSPORTATION
§ 24908
1 See References in Text note below.
Transportation gets only notes and mortgage agree-
ments under the source provisions restated in sub-
section (a) of this section.
In subsection (b), the words ‘‘obtained by the Sec-
retary’’ and ‘‘the provisions of subtitle IV of title 49,
the Securities Act of 1933 (15 U.S.C. 77a et seq.), and
. . . other’’ are omitted as surplus. The words ‘‘has the
same’’ are substituted for ‘‘shall enjoy all of the’’ for
clarity. The words ‘‘conveyance or’’ are omitted, and
the word ‘‘transfer’’ is substituted for ‘‘conveyances’’,
for consistency in this subtitle. The words ‘‘(including
section 303(e) thereof [45 U.S.C. 743(e)])’’ are omitted as
surplus. The words ‘‘section 303(b)’’ are substituted for
‘‘section 306(b)’’ to correct a mistake in section 217(c) of
the Rail Transportation Improvement Act (Public Law
94–555, 90 Stat. 2628).
In subsection (c), the words ‘‘to any party for any
damages, or in any other matter’’ are omitted as sur-
plus. The word ‘‘because’’ is substituted for ‘by reason
of the fact that’’ to eliminate unnecessary words. The
words ‘‘related to the note or agreement’’ are sub-
stituted for ‘‘in connection with’’ for clarity. The words
‘‘all’’ and ‘‘(including fees of accountants, experts, and
attorneys)’’ are omitted as surplus. The words ‘‘a civil
action’’ are substituted for ‘‘any litigation’’ for consist-
ency with rule 2 of the Federal Rules of Civil Procedure
(28 App. U.S.C.). The words ‘‘legal’’ and ‘‘given, issued,
or entered into’’ are omitted as surplus.
Editorial Notes
REFERENCES IN TEXT
The Regional Rail Reorganization Act of 1973, re-
ferred to in subsecs. (a) and (b), is Pub. L. 93–236, Jan.
2, 1974, 87 Stat. 985, which is classified principally to
chapter 16 (§ 701 et seq.) of Title 45, Railroads. For com-
plete classification of this Act to the Code, see Short
Title note set out under section 701 of Title 45 and Ta-
bles.
AMENDMENTS
2015—Subsec. (a). Pub. L. 114–94 substituted ‘‘section
24903’’ for ‘‘section 24904 of this title’’.
Statutory Notes and Related Subsidiaries
EFFECTIVE DATE OF 2015 AMENDMENT
Amendment by Pub. L. 114–94 effective Oct. 1, 2015,
see section 1003 of Pub. L. 114–94, set out as a note
under section 5313 of Title 5, Government Organization
and Employees.
ABOLITION OF SPECIAL COURT, REGIONAL RAIL REORGA-
NIZATION ACT OF 1973, AND TRANSFER OF FUNCTIONS
Special court abolished and all jurisdiction and func-
tions transferred to United States District Court for
District of Columbia, see section 719(b)(2) of Title 45,
Railroads.
§ 24908. Transfer taxes and levies and recording
charges
A transfer of an interest in rail property under
this chapter is exempt from a tax or levy related
to the transfer that is imposed by the United
States Government, a State, or a political sub-
division of a State. On payment of the appro-
priate and generally applicable charge for the
service performed, a transferee or transferor
may record an instrument and, consistent with
the final system plan, the release or removal of
a pre-existing lien or encumbrance of record re-
lated to the interest transferred.
(Pub. L. 103–272, § 1(e), July 5, 1994, 108 Stat. 937.)
HISTORICAL AND REVISION NOTES
Revised
Section
Source (U.S. Code)
Source (Statutes at Large)
24908 ..........
45:743(e) (words
‘‘title VII of the
Railroad Revital-
ization and Regu-
latory Reform
Act of 1976 [45
U.S.C. 851 et seq.]
or of’’).
Jan. 2, 1974, Pub. L. 93–236,
87 Stat. 985, § 303(e) (words
‘‘title VII of the Railroad
Revitalization and Regu-
latory Reform Act of 1976
or of’’); added Feb. 5, 1976,
Pub. L. 94–210, § 601(d), 90
Stat. 84; Sept. 30, 1976,
Pub. L. 94–436, § 5 (related
to title VII), 90 Stat. 1399.
The words ‘‘or conveyances’’, ‘‘(whether real, per-
sonal, or mixed)’’, ‘‘which are made at any time’’, ‘‘the
purposes of’’, ‘‘imposts’’, ‘‘or on the recording of deeds,
bills of sale, liens, encumbrances, or other instruments
evidencing, effectuating, or incident to any such trans-
fers or conveyances, whether imposed on the transferor
or on the transferee’’, ‘‘now or hereafter’’, ‘‘to com-
pensate . . . the cost of’’, ‘‘such deeds, bills of sale,
liens, encumbrances, or other’’, and ‘‘the designations
and applicable principles in’’ are omitted as surplus.
§ 24909. Authorization of appropriations
(a) GENERAL.—(1) Not more than $2,313,000,000
may be appropriated to the Secretary of Trans-
portation to achieve the goals of section
24902(a)(1) 1 of this title. From this amount, the
following amounts shall be expended by Amtrak:
(A) at least $27,000,000 for equipment modi-
fication and replacement that a State or a
local or regional transportation authority
must bear because of the electrification con-
version system of the Northeast Corridor
under this chapter.
(B) $30,000,000—
(i) to improve the main line track between
the Northeast Corridor main line and Atlan-
tic City, New Jersey, to ensure that the
track, consistent with a plan New Jersey de-
veloped in consultation with Amtrak to pro-
vide rail passenger transportation between
the Northeast Corridor main line and Atlan-
tic City, New Jersey, would be of sufficient
quality to allow safe rail passenger transpor-
tation at a minimum of 79 miles an hour not
later than September 30, 1985; and
(ii) to promote rail passenger use of the
track.
(C) necessary amounts to—
(i) develop Union Station in the District of
Columbia;
(ii) install 189 track-miles, and renew 133
track-miles, of concrete ties with continu-
ously welded rail between the District of Co-
lumbia and New York, New York;
(iii) install reverse signaling between
Philadelphia, Pennsylvania, and Morrisville,
Pennsylvania, on numbers 2 and 3 track;
(iv) restore ditch drainage in concrete tie
locations between the District of Columbia
and New York, New York;
(v) undercut 83 track-miles between the
District of Columbia and New York, New
York;
(vi) rehabilitate bridges between the Dis-
trict of Columbia and New York, New York
(including Hi line);
(vii) develop a maintenance of way equip-
ment repair facility between the District of
Page 727
TITLE 49—TRANSPORTATION
§ 24909
Columbia and New York, New York, and
build maintenance of way bases at Philadel-
phia, Pennsylvania, Sunnyside, New York,
and Cedar Hill, Connecticut;
(viii) stabilize the roadbed between the
District of Columbia and New York, New
York;
(ix) automate the Bush River Drawbridge
at milepost 72.14;
(x) improve the New York Service Facility
to develop rolling stock repair capability;
(xi) install a rail car washer facility at
Philadelphia, Pennsylvania;
(xii) restore storage tracks and buildings
at the Washington Service Facility;
(xiii) install centralized traffic control
from Landlith, Delaware, to Philadelphia,
Pennsylvania;
(xiv) improve track, including high speed
surfacing, ballast cleaning, and associated
equipment repair and material distribution;
(xv) rehabilitate interlockings between the
District of Columbia and New York, New
York;
(xvi) paint the Connecticut River, Groton,
and Pelham Bay bridges;
(xvii) provide additional catenary renewal
and power supply upgrading between the
District of Columbia and New York, New
York;
(xviii) rehabilitate structural, electrical,
and mechanical systems at the William H.
Gray III 30th Street Station in Philadelphia,
Pennsylvania;
(xix) install evacuation and fire protection
facilities in tunnels in New York, New York;
(xx) improve the communication and sig-
nal systems between Wilmington, Delaware,
and Boston, Massachusetts, on the North-
east Corridor main line, and between Phila-
delphia,
Pennsylvania,
and
Harrisburg,
Pennsylvania, on the Harrisburg Line;
(xxi) improve the electric traction systems
between Wilmington, Delaware, and Newark,
New Jersey;
(xxii) install baggage rack restraints, seat
back guards, and seat lock devices on 348
passenger cars operating in the Northeast
Corridor;
(xxiii) install 44 event recorders and 10
electronic warning devices on locomotives
operating within the Northeast Corridor;
and
(xxiv) acquire cab signal test boxes and in-
stall 9 wayside loop code transmitters for
use within the Northeast Corridor.
(2) The following additional amounts may be
appropriated to the Secretary for expenditure by
Amtrak:
(A) not more than $150,000,000 to achieve the
goal of section 24902(a)(3) 1 of this title.
(B) not more than $120,000,000 to acquire in-
terests in property in the Northeast Corridor.
(C) not more than $650,000 to develop and use
mobile radio frequencies for passenger radio
mobile telephone service on high-speed rail
passenger transportation.
(D) not more than $20,000,000 to acquire and
improve interests in rail property designated
under section 206(c)(1)(D) of the Regional Rail
Reorganization
Act
of
1973
(45
U.S.C.
716(c)(1)(D)).
(E) not more than $37,000,000 to carry out
section 24902(a)(7) and (j) 1 of this title.
(b) EMERGENCY MAINTENANCE.—Not more than
$25,000,000 of the amount appropriated under the
Act of February 28, 1975 (Public Law 94–6, 89
Stat. 11), may be used by Amtrak for emergency
maintenance on rail property designated under
section 206(c)(1)(C) of the Regional Rail Reorga-
nization Act of 1973 (45 U.S.C. 716(c)(1)(C)).
(c) PRIORITY
IN
USING
CERTAIN
AMOUNTS.—
Amounts appropriated under subsection (a)(2)(B)
and (D) of this section shall be used first to
repay, with interest, obligations guaranteed
under section 602 of the Rail Passenger Service
Act, if the proceeds of those obligations were
used to pay the expenses of acquiring interests
in property referred to in subsection (a)(2)(B)
and (D).
(d) PROHIBITION ON SUBSIDIZING COMMUTER AND
FREIGHT
OPERATING
LOSSES.—Amounts appro-
priated under this section may not be used to
subsidize operating losses of commuter rail or
rail freight transportation.
(e) SUBSTITUTING AND DEFERRING CERTAIN IM-
PROVEMENTS.—(1) A project for which amounts
are authorized under subsection (a)(1)(C) of this
section is a part of the Northeast Corridor im-
provement program and is not a substitute for
improvements specified in the document ‘‘Cor-
ridor Master Plan II, NECIP Restructured Pro-
gram’’ of January, 1982. However, Amtrak may
defer the project to carry out the improvement
and rehabilitation for which amounts are au-
thorized under subsection (a)(1)(B) of this sec-
tion. The total cost of the project that Amtrak
defers may not be substantially more than the
amount Amtrak is required to expend or reserve
under subsection (a)(1)(B).
(2) Section 24902 of this title is deemed not to
be fulfilled until the projects under subsection
(a)(1)(C) of this section are completed.
(f) AVAILABILITY
OF AMOUNTS.—Amounts ap-
propriated under subsection (a)(1) and (2)(A) and
(C)–(E) of this section remain available until ex-
pended.
(g) AUTHORIZATIONS INCREASED BY PRIOR YEAR
DEFICIENCIES.—An amount greater than that au-
thorized for a fiscal year may be appropriated to
the extent that the amount appropriated for any
prior fiscal year is less than the amount author-
ized for that year.
(Pub. L. 103–272, § 1(e), July 5, 1994, 108 Stat. 937;
Pub. L. 113–158, § 2, Aug. 8, 2014, 128 Stat. 1838.)
HISTORICAL AND REVISION NOTES
Revised
Section
Source (U.S. Code)
Source (Statutes at Large)
24909(a)(1) ..
45:854(a) (1st sen-
tence).
Feb. 5, 1976, Pub. L. 94–210,
90 Stat. 31, § 704(a) (1st
sentence); added Aug. 13,
1981,
Pub.
L.
97–35,
§ 1193(1), 95 Stat. 701.
45:854(a) (2d sen-
tence cl. (1) (less
availability)).
Feb. 5, 1976, Pub. L. 94–210,
§ 704(a) (2d sentence), 90
Stat. 122; Oct. 19, 1976,
Pub. L. 94–555, § 217(a), (b),
90 Stat. 2627; Oct. 5, 1978,
Pub. L. 95–421, § 9, 92 Stat.
928; May 30, 1980, Pub. L.
96–254, § 204(a), 94 Stat. 411;
Jan.
14,
1983,
Pub.
L.
97–468, § 301(2), 96 Stat.
2548; June 22, 1988, Pub. L.
100–342, § 6, 102 Stat. 627.
Page 728
TITLE 49—TRANSPORTATION
§ 24910
HISTORICAL AND REVISION NOTES—CONTINUED
Revised
Section
Source (U.S. Code)
Source (Statutes at Large)
45:855(b).
Feb. 5, 1976, Pub. L. 94–210,
90 Stat. 31, § 705(b); added
May
30,
1980,
Pub.
L.
96–254, § 206(a), 94 Stat. 413;
Jan.
14,
1983,
Pub.
L.
97–468, § 301(5)(B), 96 Stat.
2550.
24909(a)
(2)(A).
45:854(a) (2d sen-
tence cl. (2) (less
availability)).
45:855(b).
24909(a)
(2)(B)–(E).
45:854(a) (2d sen-
tence cls.
(3)(A)–(D) (1st sen-
tence), (4)) (as 2d
sentence cls.
(3)(A)–(D) (1st sen-
tence), (4) relate
to other than
availability).
45:855(b).
24909(b) ......
45:854(d).
Feb. 5, 1976, Pub. L. 94–210,
§ 704(d), 90 Stat. 123.
45:855(b).
24909(c) ......
45:854(a) (2d sen-
tence cl. (3)(D)
(last sentence)).
24909(d) ......
45:854(b)(1) (related
to 854).
Feb. 5, 1976, Pub. L. 94–210,
§ 704(b)(1) (related to § 704),
90 Stat. 123; Jan. 14, 1983,
Pub. L. 97–468, § 301(4)(A),
96 Stat. 2549.
24909(e) ......
45:854(b)(2).
Feb. 5, 1976, Pub. L. 94–210,
90
Stat.
31,
§ 704(b)(2);
added Jan. 14, 1983, Pub.
L. 97–468, § 301(4)(B), 96
Stat. 2549.
45:855(b).
24909(f) .......
45:854(a) (2d sen-
tence cls.
(1)–(3)(D) (1st sen-
tence), (4)) (as 2d
sentence cls.
(1)–(3)(D) (1st sen-
tence), (4) relate
to availability).
24909(g) ......
45:854(a) (3d sen-
tence).
Feb. 5, 1976, Pub. L. 94–210,
90 Stat. 31, § 704(a) (3d sen-
tence); added Aug. 13, 1981,
Pub. L. 97–35, § 1193(2), 95
Stat. 702.
45:854(a) (4th–last
sentences).
Feb. 5, 1976, Pub. L. 94–210,
90
Stat.
31,
§ 704(a)
(4th–last sentences); added
Jan.
14,
1983,
Pub.
L.
97–468, § 301(3), 96 Stat.
2549.
In subsections (a) and (f), the text of 45:854(a) (2d sen-
tence cl. (3)(A)) is omitted as executed.
In subsection (a)(1), before clause (A), the text of
45:854(a) (1st sentence) is omitted as surplus because of
section 24902(a) of the revised title. In clause (B)(i), the
words ‘‘if the National Railroad Passenger Corporation
receives notification on or before June 1, 1983, from . . .
that such State has approved’’ and ‘‘and if such Cor-
poration determines that such plan is feasible’’ are
omitted as executed. The words ‘‘rehabilitation and
other . . . (including upgrading track and the signal
system, ensuring safety at public and private highway
and pedestrian crossings by improving signals or elimi-
nating such crossings, and the improvement of oper-
ational portions of stations related to intercity rail
passenger service)’’ are omitted as surplus. In clause
(C), before subclause (i), the words ‘‘with respect to the
main line of the Northeast Corridor’’ are omitted as
surplus. In subclauses (i), (ii), (iv)–(viii), (xv), and (xvii),
the word ‘‘Washington’’ is omitted as surplus. In sub-
clause (xx), the words ‘‘at locations’’ are omitted as
surplus.
In subsection (a)(2)(C), the words ‘‘passenger radio
mobile telephone service on high-speed rail passenger
transportation’’ are substituted for ‘‘high-speed rail
passenger rail telephone service’’ for consistency in
this chapter.
In subsection (a)(2)(D), the word ‘‘rail’’ is added for
consistency in the revised title.
In subsection (b), the words ‘‘After the conveyance of
rail properties, pursuant to section 303(b) of the Re-
gional Rail Reorganization Act of 1973 (45 U.S.C. 743(b))
and section 851(b) of this title’’ are omitted as exe-
cuted. The words ‘‘remain available to’’ and ‘‘the pur-
pose of performing’’ are omitted as surplus.
In subsection (c), the words ‘‘that portion of . . .
issued by the National Railroad Passenger Corporation
and’’ are omitted as surplus.
In subsection (e)(1), the words ‘‘to be appropriated’’,
‘‘undertaken or viewed as’’, ‘‘entitled’’, and ‘‘prepared
for the United States Department of Transportation,
Federal Railroad Administration, Northeast Corridor
Improvement Project, in cooperation with the Federal
Railroad Administration and the National Railroad
Passenger Corporation (Amtrak), by Deleuw, Cather/
Parsons, NECIP architect/engineer’’ are omitted as sur-
plus. The words ‘‘for which amounts are authorized
under’’ are substituted for ‘‘described in’’ for clarity.
The words ‘‘for expenditure’’ are omitted as surplus.
In subsection (g), the text of 45:854(a) (3d, 5th, and
last sentences) is omitted as executed. The words ‘‘An
amount greater than that authorized for a fiscal year’’
are substituted for ‘‘Funds . . . in excess of limitations
imposed under the preceding sentence with respect to a
fiscal year, or for fiscal years after the fiscal year end-
ing September 30, 1983’’ to eliminate unnecessary and
obsolete words. The words ‘‘under this section’’ are
omitted as surplus. The words ‘‘amount authorized’’
are substituted for ‘‘limitation under such sentence’’
for consistency.
Editorial Notes
REFERENCES IN TEXT
Section 24902 of this title, referred to in subsecs.
(a)(1), (2)(A), (E), was amended by Pub. L. 105–134, title
IV, § 405(b)(1), Dec. 2, 1997, 111 Stat. 2586, and, as so
amended, subsec. (a) of that section was repealed and
subsecs. (b), (j), and (m) were redesignated (a), (g), and
(j), respectively.
Act of February 28, 1975 (Public Law 94–6, 89 Stat. 11),
referred to in subsec. (b), provided appropriations for
interim operating assistance for Federal Railroad Ad-
ministration of Department of Transportation in chap-
ter II which is not classified to the Code.
Section 602 of the Rail Passenger Service Act, re-
ferred to in subsec. (c), was classified to section 602 of
Title 45, Railroads, prior to repeal by Pub. L. 102–533,
§ 7(c), Oct. 27, 1992, 106 Stat. 3519.
Statutory Notes and Related Subsidiaries
CHANGE OF NAME
‘‘William H. Gray III 30th Street Station’’ substituted
for ‘‘30th Street Station’’ in subsec. (a)(1)(C)(xviii) pur-
suant to section 2 of Pub. L. 113–158, set out below.
Pub. L. 113–158, Aug. 8, 2014, 128 Stat. 1838, provided
that:
‘‘SECTION 1. REDESIGNATION.
‘‘The railroad station located at 2955 Market Street
in Philadelphia, Pennsylvania, commonly known as
‘30th Street Station’, shall be known and designated as
the ‘William H. Gray III 30th Street Station’.
‘‘SEC. 2. REFERENCES.
‘‘Any reference in a law, map, regulation, document,
paper, or other record of the United States to the rail-
road station referred to in section 1 shall be deemed to
be a reference to the ‘William H. Gray III 30th Street
Station’.’’
§ 24910. Rail cooperative research program
(a) IN GENERAL.—The Secretary shall establish
and carry out a rail cooperative research pro-
gram. The program shall—
(1) address, among other matters, intercity
rail passenger and freight rail services, includ-
ing existing rail passenger and freight tech-
nologies and speeds, incrementally enhanced
Cross-references
Connections may be documented source relationships, shared citations or nearby passages. Each explains its basis; a connection alone does not establish applicability to your situation.
Federal law — U.S. Code and appendices · legal_authorities
This subchapter may be cited as the “Securities Act of 1933”.
Source: Supplied U.S. Code snapshot — release unconfirmed · 15 U.S.C. § 77a
Stored review status: release_metadata_unconfirmed. The source passage cites 15 U.S.C. § 77a. This identifies an authority to review, not proof of applicability.
Federal law — U.S. Code and appendices · legal_authorities
Page 119
TITLE 15—COMMERCE AND TRADE
§ 77b
7025, set out as a note under section 301 of Title 3, The
President.
CHAPTER 2A—SECURITIES AND TRUST
INDENTURES
SUBCHAPTER I—DOMESTIC SECURITIES
Sec.
77a.
Short title.
77b.
Definitions; promotion of efficiency, competi-
tion, and capital formation.
77b–1.
Swap agreements.
77c.
Classes of securities under this subchapter.
77d.
Exempted transactions.
77d–1.
Requirements with respect to certain small
transactions.
77e.
Prohibitions relating to interstate commerce
and the mails.
77f.
Registration of securities.
77g.
Information required in registration state-
ment.
77h.
Taking effect of registration statements and
amendments thereto.
77h–1.
Cease-and-desist proceedings.
77i.
Court review of orders.
77j.
Information required in prospectus.
77k.
Civil liabilities on account of false registra-
tion statement.
77l.
Civil liabilities arising in connection with
prospectuses and communications.
77m.
Limitation of actions.
77n.
Contrary stipulations void.
77o.
Liability of controlling persons.
77p.
Additional remedies; limitation on remedies.
77q.
Fraudulent interstate transactions.
77r.
Exemption from State regulation of securi-
ties offerings.
77r–1.
Preemption of State law.
77s.
Special powers of Commission.
77t.
Injunctions and prosecution of offenses.
77u.
Hearings by Commission.
77v.
Jurisdiction of offenses and suits.
77w.
Unlawful representations.
77x.
Penalties.
77y.
Jurisdiction of other Government agencies
over securities.
77z.
Separability.
77z–1.
Private securities litigation.
77z–2.
Application of safe harbor for forward-look-
ing statements.
77z–2a.
Conflicts of interest relating to certain
securitizations.
77z–3.
General exemptive authority.
77z
Source: Supplied 2024 U.S. Code historical extraction · 15 U.S.C. § 77a
Stored review status: historical_2024_not_currentness_verified. The source passage cites 15 U.S.C. § 77a. This identifies an authority to review, not proof of applicability.
Federal law — U.S. Code and appendices · legal_authorities
**(a) Goals** The final system plan shall be formulated in such a way as to effectuate the following goals:
(1) the creation, through a process of reorganization, of a financially self-sustaining rail and express service system in the region;
(2) the establishment and maintenance of a rail service system adequate to meet the rail transportation needs and service requirements of the region;
(3) the establishment of improved high-speed rail passenger service, consonant with the recommendations of the Secretary in his report of September 1971, entitled “Recommendations for Northeast Corridor Transportation”;
(4) the preservation, to the extent consistent with other goals, of existing patterns of service by railroads (including short-line and terminal railroads), and of existing railroad trackage in areas in which fossil fuel natural resources are located, and the utilization of those modes of transportation in the region which require the smallest amount of scarce energy resources and which can most efficiently transport energy resources;
(5) the retention and promotion of competition in the provision of rail and other transportation services in the region;
(6) the attainment and maintenance of any environmental standards, particularly the applicable national ambient air quality standards and plans established under the Clean Air Act Amendments of 1970, taking into consideration the environmental impact of alternative choices of action;
(7) the movement of passengers and freight in rail transportation in the region in the most efficient manner consistent with safe operation, including the requirements of commuter and intercity rail passenger service; the extent to which there should be coordination with the National Railroad Passenger Corporation and similar entitie
Source: Supplied U.S. Code snapshot — release unconfirmed · 45 U.S.C. § 716
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Page 162
TITLE 45—RAILROADS
§ 713
Subsec. (e). Pub. L. 94–210, § 607(b), in cl. (4) inserted
‘‘, certificates of value issued, securities purchased,’’
after ‘‘obligations issued’’.
Subsec. (f). Pub. L. 94–210, § 607(c), inserted provisions
relating to receipts and disbursements under sections
726 and 746 of this title.
1975—Subsec. (b)(2). Pub. L. 94–5, § 2(a)(1), inserted
‘‘and express’’ after ‘‘rail’’ wherever appearing.
Subsec. (b)(7). Pub. L. 94–5, § 2(a)(2), substituted
‘‘; and’’ for a period at end of par. (7).
Subsec. (b)(8). Pub. L. 94–5, § 2(a)(3), added par. (8).
Statutory Notes and Related Subsidiaries
EFFECTIVE DATE OF 1981 AMENDMENT
Amendment by Pub. L. 97–35 effective Aug. 13, 1981,
see section 1169 of Pub. L. 97–35, set out as an Effective
Date note under section 1101 of this title.
EFFECTIVE DATE OF 1979 AMENDMENT
Amendment by Pub. L. 96–73 effective Oct. 1, 1979, see
section 501(a) of Pub. L. 96–73.
TERMINATION OF REPORTING REQUIREMENTS
For termination, effective May 15, 2000, of provisions
of law requiring submittal to Congress of any annual,
semiannual, or other regular periodic report listed in
House Document No. 103–7 (in which reports required
under subsecs. (d)(1), (3), (e), and (f) of this section are
listed as the 3rd through 6th items on page 195), see sec-
tion 3003 of Pub. L. 104–66, as amended, and section
1(a)(4) [div. A, § 1402(1)] of Pub. L. 106–554, set out as
notes under section 1113 of Title 31, Money and Fi-
nance.
ABOLITION OF SPECIAL COURT, REGIONAL RAIL REORGA-
NIZATION ACT OF 1973, AND TRANSFER OF FUNCTIONS
Special court abolished and all jurisdiction and func-
tions transferred to United States District Court for
District of Columbia, see section 719(b)(2) of this title.
ABOLITION OF UNITED STATES RA
Source: Supplied 2024 U.S. Code historical extraction · 45 U.S.C. § 716
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Deposit with court** Within 10 days after delivery of a certified copy of a final system plan pursuant to [section 719(c) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title45-section719/c&num=0&edition=prelim)—
(1) the Corporation, in exchange for the rail properties of the railroads in reorganization in the region and of railroads leased, operated, or controlled by railroads in reorganization in the region to be transferred to the Corporation or any subsidiary thereof, shall deposit with the special court all of the stock and other securities of the Corporation and certificates of value issued by the Association designated in the final system plan to be exchanged for such rail properties;
(2) each profitable railroad operating in the region and each state or responsible person (including a government entity) purchasing rail properties from a railroad in reorganization in the region, or from a railroad leased, operated, or controlled by a railroad in reorganization in the region, as provided in the final system plan shall deposit with the special court the compensation to be paid for such rail properties.
**(b) Conveyance of rail properties**
(1) The special court shall, within 10 days after deposit under subsection (a) of this section of the securities of the Corporation, certificates of value issued by the Association, and compensation from the profitable railroads operating in the region, States, and responsible persons, order the trustee or trustees of each railroad in reorganization in the region to convey forthwith to the Corporation or any subsidiary thereof, the respective profitable railroads operating in the region, States, and responsible persons all right, title, and interest in the rail properties of such railroad in
Source: Supplied U.S. Code snapshot — release unconfirmed · 45 U.S.C. § 743
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Federal law — U.S. Code and appendices · legal_authorities
Page 191
TITLE 45—RAILROADS
§ 743
under this chapter, in addition to the powers
conferred upon it under the laws of the State or
States in which it is incorporated and the pow-
ers of a railroad in any State in which it oper-
ates. The Corporation is authorized and directed
to—
(a) acquire rail properties designated in the
final system plan to be transferred or con-
veyed to it;
(b) operate rail service over such rail prop-
erties except as provided under sections 744(e)
and 791(d)(3) of this title;
(c) rehabilitate, improve, and modernize
such rail properties; and
(d) maintain adequate and efficient rail serv-
ices.
So long as 50 per centum or more, as determined
by the Secretary of the Treasury, of the out-
standing indebtedness of the Corporation con-
sists of obligations of the Association or other
debts owing to or guaranteed by the United
States, the Corporation shall not engage in ac-
tivities which are not related to transportation.
(Pub. L. 93–236, title III, § 302, Jan. 2, 1974, 87
Stat. 1005.)
Statutory Notes and Related Subsidiaries
ABOLITION OF UNITED STATES RAILWAY ASSOCIATION AND
TRANSFER OF FUNCTIONS AND SECURITIES
See section 1341 of this title.
§ 743. Valuation and conveyance of rail prop-
erties
(a) Deposit with court
Within 10 days after delivery of a certified
copy of a final system plan pursuant to section
719(c) of this title—
(1) the Corporation, in exchange for the rail
properties of the railroads in reorganization in
the region and of railroads leased, operated, or
controlled by railroads in reorganization in
the region to be transferred to the Corporation
or any subsidiary thereof, shall deposit with
the special court all of the stock and other se-
curities of the Corporation and certificates of
value issued by the
Source: Supplied 2024 U.S. Code historical extraction · 45 U.S.C. § 743
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Federal law — U.S. Code and appendices · legal_authorities
### Statutory Notes
Section, Pub. L. 94–210, title VII, § 701, Feb. 5, 1976, 90 Stat. 119; Pub. L. 96–254, title II, § 205, May 30, 1980, 94 Stat. 412, specified powers and duties of National Railroad Passenger Corporation with respect to implementing the Northeast Corridor improvement project. See sections 24102, 24305, 24315, 24902, and 24903 of Title 49, Transportation.
Source: Supplied U.S. Code snapshot — release unconfirmed · 45 U.S.C. § 851
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Federal law — U.S. Code and appendices · legal_authorities
Page 223
TITLE 45—RAILROADS
§ 856
97–468, title IV, §§ 401, 403(a), Jan. 14, 1983, 96 Stat. 2550,
2551; Pub. L. 99–509, title IV, § 4033(c)(4), Oct. 21, 1986, 100
Stat. 1909; Pub. L. 104–88, title III, § 330(3), Dec. 29, 1995,
109 Stat. 953, related to authorization of appropriations,
purchases, transfer of funds, and restrictions.
Section 830, Pub. L. 94–210, title V, § 510, Feb. 5, 1976,
90 Stat. 76; Pub. L. 104–88, title III, § 330(4), Dec. 29, 1995,
109 Stat. 953, related to exemption of redeemable pref-
erence shares from certain Federal and State securities
provisions.
§ 831. Transferred
Editorial Notes
CODIFICATION
Section, Pub. L. 94–210, title V, § 511, Feb. 5, 1976, 90
Stat. 76; Pub. L. 94–555, title II, §§ 215, 220(e), (f), Oct. 19,
1976, 90 Stat. 2625, 2629, 2630; Pub. L. 96–448, title IV,
§ 405(e), Oct. 14, 1980, 94 Stat. 1947; Pub. L. 99–509, title
IV, § 4033(c)(5), Oct. 21, 1986, 100 Stat. 1909; Pub. L.
102–240, title I, § 1036(e), Dec. 18, 1991, 105 Stat. 1986,
which related to guarantee of obligations, was re-
pealed, except for subsec. (c), by Pub. L. 105–178, title
VII, § 7203(a)(2), June 9, 1998, 112 Stat. 477. Subsec. (c) of
section 831 was amended, redesignated, and transferred
to section 823(b) of this title by Pub. L. 105–178, title
VII, § 7203(a)(3), (4), June 9, 1998, 112 Stat. 477. Section
823(b) of this title was subsequently repealed by Pub. L.
117–58, div. B, title I, § 21301(b)(1)(A), Nov. 15, 2021, 135
Stat. 683.
§§ 832 to 834. Repealed. Pub. L. 105–178, title VII,
§ 7203(a)(2), June 9, 1998, 112 Stat. 477
Section 832, Pub. L. 94–210, title V, § 512, Feb. 5, 1976,
90 Stat. 79, related to issuance of notes or obligations.
Section 833, Pub. L. 94–210, title V, § 513, Feb. 5, 1976,
90 Stat. 80, related to default
Source: Supplied 2024 U.S. Code historical extraction · 45 U.S.C. § 851
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Federal law — U.S. Code and appendices · legal_authorities
**(a) General.—**
(1) Not more than $2,313,000,000 may be appropriated to the Secretary of Transportation to achieve the goals of section 24902(a)(1) 11 See References in Text note below. of this title. From this amount, the following amounts shall be expended by Amtrak:
(A) at least $27,000,000 for equipment modification and replacement that a State or a local or regional transportation authority must bear because of the electrification conversion system of the Northeast Corridor under this chapter.
(B) $30,000,000—
(i) to improve the main line track between the Northeast Corridor main line and Atlantic City, New Jersey, to ensure that the track, consistent with a plan New Jersey developed in consultation with Amtrak to provide rail passenger transportation between the Northeast Corridor main line and Atlantic City, New Jersey, would be of sufficient quality to allow safe rail passenger transportation at a minimum of 79 miles an hour not later than September 30, 1985; and
(ii) to promote rail passenger use of the track.
(C) necessary amounts to—
(i) develop Union Station in the District of Columbia;
(ii) install 189 track-miles, and renew 133 track-miles, of concrete ties with continuously welded rail between the District of Columbia and New York, New York;
(iii) install reverse signaling between Philadelphia, Pennsylvania, and Morrisville, Pennsylvania, on numbers 2 and 3 track;
(iv) restore ditch drainage in concrete tie locations between the District of Columbia and New York, New York;
(v) undercut 83 track-miles between the District of Columbia and New York, New York;
(vi) rehabilitate bridges between the District of Columbia and New York, New York (including Hi line);
(vii) develop a maintenance of way equipme
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