Senator Hollings Submits S.104 | Rail Defense Act Proposed
Over on the analysis side of the website, we've just posted a look at S.104: The National Rail Defense Act, proposed by Senator Fritz Hollings (D-SC). It's similar to S.1991, from last year, with a few modifications to reflect changes in the new Homeland Security Department. The act would increase funding to Amtrak, eliminate the self-sufficiency agreement and authorize money for high speed rail routes and security upgrades. It would also require that Amtrak have an independent financial consultant review its methods of cost accounting, and to help create an annual five-year financial plan to be overseen by the Department of Transportation's Inspector General.