Page:United States Statutes at Large Volume 89.djvu/1275

 CONCURRENT RESOLUTIONS—DEC. 19, 1975 SEC. 45. Section 216(c) of the Regional Rail Reorganization Act of 1973 as added by section 604 of the bill is amended by inserting "any" between "purchase" and "debentures", in clause (1) thereof. SEC. 46. Section 211(h) of the Regional Rail Act of 1973 as added by section 605 of the bill is amended as follows: (i) In clause (B) of paragraph (2) insert "of" before "all current assets" and insert "to" before "the payment." (ii) In paragraph (3) change the phrase "paragraph (2)" to "paragraphs (1) and (2)". (iii) In paragraph (4) strike the phrase "the Government Banking Committee of" and change the word "Committee" to "Association." SEC. 47. In the final newly created subsection to section 211 of the Regional Reorganization Rail Act of 1973 as added by section 605 of the bill change " (g) " to " (i) ". SEC. 48. In subsection (r) of section 606 of the bill change "207" to "209" and change the " (e) " before "Time Extension" to " (i) ". SEC. 49. Section 301(e) of the Regional Rail Reorganization Act of 1973 as amended by section 607 by the bill is amended by striking at the beginning of the second paragraph "B preferred stock" through the first".". SEC. 50. Section 308(b) of the Regional Rail Reorganization Act of 1973 as added by section 607 of the bill is amended by changing "90" to "150". SEC. 51. Section 209(f) of the Regional Rail Reorganization Act of 1973 as added by section 602 of the bill is amended by deleting the fourth sentence thereof. SEC. 52. Section 202(c) of the bill is deleted, and subsections (d), (e), (f), and (g) are redesignated as (e), (f), (g), and (h). SEC. 53. Paragraph (4) of section 15a of the Interstate Commerce Act, as amended by section 205 of the bill, is amended by adding at the end thereof: "No rate of carrier shall be held up to a particular level to protect the traffic of any other carrier or mode of transportation, unless the Commission finds that such rate reduces or would reduce the going concern value of the carrier charging the rate.". SEC. 54. Section 304(e) of the Regional Rail Reorganization Act, as amended by section 804 of the bill, is amended by striking "section 808 of the Rail Services Act of 1975," and inserting in lieu thereof: "section 807 of the Railroad Revitalization and Regulatory Reform Act of 1975,". SEC. 55. Section 402(b)(2) of the Regional Rail Reorganization Act as amended by section 805 of the bill is amended by striking "subsidies" where it appears and inserting in lieu thereof "assistance". SEC. 56. Section 205(d)(5) of the Regional Rail Reorganization Act as amended by section 309 of the bill is amended by striking out "subsection (a) " and inserting in lieu thereof: "(A) standards for the computation of subsidies for rail passenger service (except passenger service compensation disputes subject to the jurisdiction of the Interstate Commerce Commission under section 705 of this Act), which are consistent with the compensation principles described in the final system plan and which avoid cross subsidization among commuter, intercity, and freight services; and". SEC. 57. Section 807(c)(A) of the bill is amended by striking "706" and inserting "705".

89 STAT. 1215

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