Page:United States Statutes at Large Volume 97.djvu/497

 PUBLIC LAW 98-78—AUG. 15, 1983 97 STAT. 465 RAILROAD REHABILITATION AND IMPROVEMENT FINANCING FUNDS The total commitments to guarantee new loans pursuant to sec- tions 511 through 513 of the Railroad Revitalization and Regulatory Reform Act of 1976 (Public Law 94-210), as amended, shall not 45 USC 831-838. exceed $20,000,000 of contingent liabilities for loan principal during fiscal year 1984: Provided, That 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 45 USC 832. amended, in such amounts and at such times as may be necessary to pay any amounts required pursuant to the guarantee of the princi- pal amount of obligations under sections 511 through 513 of such Act, such authority to exist as long as any such guaranteed obliga- tion is outstanding: Provided further, That the amount of such notes or other obligations, when combined with the aggregate of all such notes or obligations issued during fiscal year 1983, shall not exceed $150,000,000 by September 30, 1984. REDEEMABLE PREFERENCE SHARES The Secretary of Transportation is hereby authorized to expend proceeds from the sale of fund anticipation notes to the Secretary of the Treasury and any other moneys deposited in the Railroad Rehabilitation and Improvement Fund pursuant to sections 502, 505-507, and 509 of the Railroad Revitalization and Regulatory Reform Act of 1976 (Public Law 94-210), as amended, and section 45 USC 822, 803 of Public Law 95-620, for uses authorized for the Fund: Pro- 825-827, 829. vided. That all unobligated balances in this account shall lapse at ^5 USC 821, 822 the end of fiscal year 1985. ^"^ ''°^' ^2^- ILLINOIS FEEDER LINE ASSISTANCE (TRANSFER OF FUNDS) For a grant related to the acquisition and rehabilitation of the railroad feeder line as authorized by section 511 of the Rail Safety and Service Improvement Act of 1982, $3,000,000, to be derived by 96 Stat. 2555. transfer from the unobligated balances of "Redeemable preference shares": Provided, That such grant shall contain terms requiring (1) the repayment of the full amount of the grant to the United States in the event of the cessation of service on such line within five years after the first operation of such service after receipt of such grant, and (2) a liquidation priority for the United States in the event of bankruptcy within such five-year period. URBAN MASS TRANSPORTATION ADMINISTRATION ADMINISTRATIVE EXPENSES For necessary administrative expenses of the urban mass trans- portation program authorized by the Urban Mass Transportation Act of 1964, as amended (49 U.S.C. 1601 et seq.), 23 U.S.C. chapter 1, 23 USC lOl et in connection with these activities, including hire of passenger *^9- motor vehicles and services as authorized by 5 U.S.C. 3109, $29,200,000.

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