A bill to amend the Rail Passenger Service Act to require that steel materials acquired for 5 years by the National Railroad Passenger Corporation shall be produced in the United States and to establish regulations respecting such acquisitions.

Amends the Rail Passenger Service Act to require that steel materials acquired during the next five years by the National Railroad Passenger Corporation be produced in the United States unless the president of the Corporation determines that such acquisition would be inconsistent with the public interest or the cost of such acquisition would be unreasonable. Establishes standards for determining whether the price of domestically produced steel is unreasonable.