Rail Passenger Systems Act of 1981
Rail Passenger Systems Act of 1981 - Amends the Rail Passenger Service Act to direct the National Railroad Passenger Corporation (Amtrak) to acquire the rights-of-way necessary for the operation of high-speed rail passenger service in accordance with this Act.
Directs Amtrak to establish high-speed rail passenger service on 20 specified rail corridors.
Encourages the provision of such rail passenger service by Amtrak employees, with Amtrak facilities and equipment. Directs Amtrak to implement a grade-crossing separation program in cooperation with private rail carriers.
Directs Amtrak to use centrally generated electrical power produced by local electric utilities whenever possible.
Directs the President to appoint a Presidential Rail Corridor Development Expediter to assist Amtrak in providing rail service under this Act.
Authorizes Amtrak to guarantee loans for the purposes of this Act. Deletes appropriations for payments of loan principal for fiscal year 1982. Increases the sum available for loan guarantees under this Act.
Referred to Subcommittee on Commerce, Transportation and Tourism.