Page:United States Statutes at Large Volume 117.djvu/418

 PUBLIC LAW 108–7—FEB. 20, 2003

117 STAT. 399

FEDERAL RAILROAD ADMINISTRATION SAFETY

AND

OPERATIONS

For necessary expenses of the Federal Railroad Administration, not otherwise provided for, $117,363,000, of which $6,636,000 shall remain available until expended. RAILROAD RESEARCH

AND

DEVELOPMENT

For necessary expenses for railroad research and development, $29,325,000, to remain available until expended. RAILROAD REHABILITATION

AND IMPROVEMENT

PROGRAM

The Secretary of Transportation is authorized to issue to the Secretary of the Treasury notes or other obligations pursuant to section 512 of the Railroad Revitalization and Regulatory Reform Act of 1976 (Public Law 94–210), as amended, in such amounts and at such times as may be necessary to pay any amounts required pursuant to the guarantee of the principal amount of obligations under sections 511 through 513 of such Act, such authority to exist as long as any such guaranteed obligation is outstanding: Provided, That pursuant to section 502 of such Act, as amended, no new direct loans or loan guarantee commitments shall be made using Federal funds for the credit risk premium during fiscal year 2003: Provided further, That no payments of principal or interest shall be collected during fiscal year 2003 for the direct loan made to the National Railroad Passenger Corporation under section 502 of such Act. NEXT GENERATION HIGH-SPEED RAIL For necessary expenses for the Next Generation High-Speed Rail program as authorized under 49 U.S.C. 26101 and 26102, $30,450,000, to remain available until expended. ALASKA RAILROAD REHABILITATION To enable the Secretary of Transportation to make grants to the Alaska Railroad, $22,000,000 shall be for capital rehabilitation and improvements benefiting its passenger operations, to remain available until expended. GRANTS

TO THE

NATIONAL RAILROAD PASSENGER CORPORATION

To enable the Secretary of Transportation to make grants to the National Railroad Passenger Corporation, $1,050,000,000, to remain available until September 30, 2003, including $522,000,000 for quarterly grants for operating expenses, $295,000,000 for quarterly grants for capital expenses along the Northeast Corridor Mainline, and $233,000,000 for quarterly grants for general capital improvements: Provided, That the Secretary of Transportation shall approve funding to cover operating losses on a long-distance train of the National Railroad Passenger Corporation only after receiving and reviewing a grant request for each specific train route: Provided further, That each such grant request shall be accompanied by a detailed financial analysis and revenue projection justifying the Federal support to the Secretary’s satisfaction: Provided further,

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