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Public Papers of Jimmy Carter, 1978
Contents:
Railroad Rehabilitation
Announcement of Proposed Legislation.
March 16, 1978
The President has asked Transportation Secretary Brock Adams to send to Congress legislation that would enable the States to help maintain important local rail freight service.
The Railroad Amendments Act of 1978 would streamline the process by which States receive Federal money to rehabilitate unprofitable branchlines that provide service vital to local economies.
Under existing law, railroads must obtain permission from the Interstate Commerce Commission to abandon a branchline before that line is eligible for Federal assistance. The administration’s proposal would eliminate that requirement, allowing States to make grants or loans for rehabilitation before rail lines have been abandoned.
It would also eliminate the provision in the current law that allocates at least 1 percent of available funds to each State, even if the State has no lines eligible for assistance.
The benefits of the legislation will be felt especially in the Midwest, where some railroads are facing a severe financial crisis.
The proposal, which is being transmitted to Congress today, does not increase the cost of the branchline program, currently authorized at $360 million.
Contents:
Chicago: Jimmy Carter, "Railroad Rehabilitation Announcement of Proposed Legislation.," Public Papers of Jimmy Carter, 1978 in Federal Register Division. National Archives and Records Service, Public Papers of the Presidents of the United States, Jimmy Carter, 1978 (Washington, D.C.: Government Printing Office, 1956-), P.2303 Original Sources, accessed September 17, 2024, http://www.originalsources.com/Document.aspx?DocID=CREWRXA85942U6E.
MLA: Carter, Jimmy. "Railroad Rehabilitation Announcement of Proposed Legislation." Public Papers of Jimmy Carter, 1978, in Federal Register Division. National Archives and Records Service, Public Papers of the Presidents of the United States, Jimmy Carter, 1978 (Washington, D.C.: Government Printing Office, 1956-), P.2303, Original Sources. 17 Sep. 2024. http://www.originalsources.com/Document.aspx?DocID=CREWRXA85942U6E.
Harvard: Carter, J, 'Railroad Rehabilitation Announcement of Proposed Legislation.' in Public Papers of Jimmy Carter, 1978. cited in , Federal Register Division. National Archives and Records Service, Public Papers of the Presidents of the United States, Jimmy Carter, 1978 (Washington, D.C.: Government Printing Office, 1956-), P.2303. Original Sources, retrieved 17 September 2024, from http://www.originalsources.com/Document.aspx?DocID=CREWRXA85942U6E.
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