A bill to amend the Department of Transportation Act so as to reauthorize local rail service assistance.
Local Rail Service Reauthorizing Act - Amends the Department of Transportation Act regarding local rail service assistance to authorize appropriations for FY 1989 through 1993.
Decreases the Federal share of rail service assistance program costs from 70 percent to 50 percent. Provides that the Federal share of costs to rehabilitate rail properties for the purpose of facilitating rail freight service shall be 70 percent.
Introduced in Senate
Read twice and referred to the Committee on Commerce.
Subcommittee on Surface Transportation. Hearings held.
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