Page:United States Statutes at Large Volume 108 Part 6.djvu/51

 PUBLIC LAW 103-440—NOV. 2, 1994 108 STAT. 4619 the items relating to part D and inserting in lieu thereof the following: "PA RT D —HIGH-SPEED RAIL " 261. HIGH-SPEED RAIL ASSISTANCE 26101 "PA RT E—MISCELLANEOUS "281. LAW ENFORCEMENT 58101". (2) The table of sections of chapter 281 of title 49, United States Code, as such chapter is redesignated by subsection (a)(1) of this section, is amended— (A) by striking "26101" and inserting in lieu thereof "28101"; and (B) by striking "26102" and inserting in lieu thereof " 28102". SEC. 104. COLUMBUS AND GREENVILLE RAILWAY. (a) REDEMPTION OF OUTSTANDING OBLIGATIONS AND LIABIL- ITIES.—Notwithstanding any other provision of law, the Secretary of Transportation, or the Secretary of the Treasury, if a holder of any of the obligations, shall allow the Delta Transportation Company, doing business as the Columbus and Greenville Railway, to redeem the obligations and liabilities of such company which remain outstanding under sections 505 and 511 of the Railroad Revitalization and Regulatory Reform Act of 1976 (45 U.S.C. 825 and 831, respectively). (b) VALUE.— For purposes of subsection (a), the value of each of the obligations and liabilities shall be an amount equal to the value established under the Federal Credit Reform Act of 1990 (2 U.S.C. 661 et seq.). TITLE II—RAIL SAFETY as the "Federal Railroad Safety SEC. 201. SHORT TITLE. This title may be cited Authorization Act of 1994". SEC. 202. AUTHORIZATION OF APPROPRIATIONS. Section 20117(a)(1) of title 49, United States Code, is amended by adding after subparagraph (B) the following new subparagraphs: "(C) $68,289,000 for fiscal year 1995. "(D) $75,112,000 for fiscal year 1996. "(E) $82,563,000 for fiscal year 1997. "(F) $90,739,000 for fiscal year 1998. ". SEC. 203. HOURS OF SERVICE PILOT PROJECTS. (a) AMENDMENT.—Chapter 211 of title 49, United States Code, is amended by adding at the end the following new section: "§ 21108. Pilot projects "(a) WAIVER.— ^A railroad carrier or railroad carriers and all labor organizations representing any class or craft of directly affected covered service employees of the railroad carrier or railroad carriers, may jointly petition the Secretary of Transportation for approval of a waiver, in whole or in part, of compliance with this chapter, to enable the establishment of one or more pilot projects to demonstrate the possible benefits of implementing alternatives to the strict application of the requirements of this chapter 45 USC 838 note. Federal Railroad Safety Authorization Act of 1994. 49 USC 20101 note.

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