Joint resolution to provide for a study by the Secretary of Transportation of the feasibility of Government acquisition, operation, and maintenance of railroad tracks, rights-of-way, signal systems, and other fixed facilities (as a separate activity or as a part of a coordinated Federal transportation program).

Directs the Secretary of Transportation to undertake and carry out a full and complete study of the costs, benefits, and methods of acquisition, operation, and maintenance by the Federal Government of all railroad tracks, rights-of-way, signal and train control systems, and other fixed facilities.

Requires the Secretary of Transportation to submit a report to the Congress on or before June 30, 1976.

Authorizes appropriations of $100,000 to carry out such study.