Rail Labor fights to save Amtrak jobs
House Committee votes on legislation that would provide funding for passenger rail
The House Transportation and Infrastructure Committee approved two bills on April 27, H.R. 1630 and H.R. 1631, that would provide funding for Amtrak and would improve high-speed passenger rail.
H.R. 1630, also known as the Amtrak Reauthorization Act of 2005, would authorize $2 billion in appropriations for the benefit of Amtrak for fiscal years 2006 through 2008. It was introduced by Representative Don Young of Alaska, Representative James Oberstar of Minnesota, Representative Steven La Tourette of Ohio and Representative Corrine Brown of Florida.
H.R. 1631, also known as the Rail Infrastructure Development and Expansion Act for the 21st Century (RIDE 21), establishes authority for states or interstate compacts to issue $12 billion in federal tax-exempt bonds and $12 billion in federal tax-credit bonds for infrastructure improvements for high-speed rail. It was also introduced by Representatives Young, Oberstar, LaTourette and Brown.
© 2005 Brotherhood of Locomotive Engineers and Trainmen