Urban Transportation Emergency Relief Act

Urban Transportation Emergency Relief Act - Directs the Secretary of Transportation to make grants to states, local governments and public agencies in an amount equal to all or a part of the total cost incurred after January 1, 1973 of the regular maintenance and repair of the right-of-way of a rapid transit or commuter railroad facility serving a city or metropolitan area surrounding a city.

Provides that a state or local public agency shall be considered to have incurred these costs if it is charged by law or contract with the responsibility to operate or provide at least 80 percent of any annual deficit arising from the operation of a rapid transit or commuter railroad facility.

Authorizes appropriations of $200,000,000 for each of the fiscal years 1973-1976.