Page:United States Statutes at Large Volume 92 Part 2.djvu/1120

 92 STAT. 2400

Railroad bridge, reconstruction.

Appropriation authorization.

45 USC 747. Report to Congress.

Information, submittal to Congress.

Monitoring report, transmittal to Congress.

PUBLIC LAW 95-565—NOV. 1, 1978 or transportation expenses which were incurred before or after the date of enactment of this section. SEC. 5. Section 505 of the Railroad Revitalization and Regulatory Reform Act (45 U.S.C. 825) is amended by (a) striking the last sentence of subsection (d)(3) thereof; and (b) striking "purchase under this title after September 30, 1978," and inserting in lieu thereof ", after September 30, 1979, make commitments to purchase under this title " in subsection (e) thereof. SEC. 6. (a) The Consolidated Rail Corporation shall (1) carry out such reconsti'uction of the railroad bridge over the H u d s o n River at Poughkeepsie, New York, as is necessary for the purposes of this section and make a p p r o p r i a t e repairs and improvements in rail yards and tracks which service the rail system using such bridge, (2) restore freight service on such system at least to the extent provided prior to the fire damage to such bridge in 1974, and (3) take appropriate steps to promote the use of such system. (b) There is authorized to be appropriated to the Secretary of Transportation not to exceed $9,000,000 for making payments to the Corporation to cover costs incurred pursuant to subsection (a)(1). SEC. 7. Section 307 of the Regional Rail Reorganization Act is amended by inserting after subsection (b) a new subsection (c) as follows: " (c) MONITORING OF THE CORPORATION.— (1) The Association shall

also report to the Congress, in accordance with this subsection, on the policies of the Corporation and the results of such policies with respect to operations, cost containment, and marketing. " (2) W i t h i n 90 days after the date of enactment of this subsection, the Association shall (A) subdivide each such policy area into constituent part s or groups of part s which are specific and significant, (B) identify the most a p p r o p r i a t e indicia to reflect accurately such part s or groups of parts, and (C)(i) determine any and all deficiencies in data used to compute the values of such indicia including consistency and clarity of definitions, timeliness of data entry, editing and validation of input data, and processing, and (ii) outline the efforts of the Association and Corporation to correct the deficiencies and the results of such efforts. O n or before the end of such 90-day period, the Association shall submit to the Congress such methodological information and additional information which the Association deems necessary or appropriate to further the purpose of this title. " (3) Using such indicia, the Association shall report on (A) the relationship of each constituent part or groups of part s to the Corporation's revenue and capital and operating expenses, (B) the extent to which such part s or group of part s contributes to profits or losses, (C) the efforts of management to contain or reduce the contribution of such part or g r o u p of part s to losses, (D) the results of such efforts, and (E) such other information as the Association deems necessary or appropriate. " (4) The Association shall (A) transmit to the Congress the first such monitoring report pursuant to paragraph (3) at the end of the first calendar quarter which begins after the end of the 90-day period

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