HR 1020
107th Congress
House
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Railroad Track Modernization Act of 2001
Introduced: March 14, 2001
See on congress.gov
Everywhere this bill has been
9 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 12, 2001
Placed on the Union Calendar, Calendar No. 52.
Jun 12, 2001
Reported (Amended) by the Committee on Transportation. H. Rept. 107-96.
May 16, 2001
Ordered to be Reported (Amended) by Voice Vote.
May 16, 2001
Committee Consideration and Mark-up Session Held.
May 9, 2001
Forwarded by Subcommittee to Full Committee (Amended) by Voice Vote.
May 9, 2001
Subcommittee Consideration and Mark-up Session Held.
Mar 15, 2001
Referred to the Subcommittee on Railroads.
Mar 14, 2001
Referred to the House Committee on Transportation and Infrastructure.
Mar 14, 2001
Introduced in House
Plain-English summary
Railroad Track Modernization Act of 2001 - Amends Federal rail transportation law to direct the Secretary of Transportation to establish a program of capital grants to Class II and Class III railroads to rehabilitate, preserve, or improve railroad track (including roadbed, bridges, and related track structures) used primarily for freight transportation to a standard to accommodate 286,000 pound rail cars in a safe and efficient manner. Authorizes the Secretary to also make grants to supplement direct loans or loan guarantees (including for paying credit risk premiums, lowering rates of interest, or providing for a holiday on principal payments) for projects primarily benefitting non-Class I freight railroad carriers. Sets forth certain prevailing wage requirements with respect to projects financed by such grants.
What's happening now
Placed on the Union Calendar, Calendar No. 52.
Committees of jurisdiction
2