A bill to provide for the preservation of existing patterns of service by railroads and of existing railroad trackage in areas in which fossil fuel natural resources are located.

Creates a fossil fuel rail bank to consist of rail trackage selected from existing trackage in areas where fossil fuel natural resources are located. Authorizes the Secretary of the Interior to acquire such trackage by purchase or lease and to dispose of such interests.

Authorizes the appropriation of $12,000,000 to carry out the provisions of this Act.