federal_register: 02-1695
Data license: Public Domain (U.S. Government data) · Data source: Federal Register API & Regulations.gov API
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| 02-1695 | Notice of Meeting | Notice | As provided in Section 203 of the Amtrak Reform and Accountability Act of 1997 (Reform Act), the Amtrak Reform Council (Council) gives notice of a special public meeting of the Council. On Thursday, February 7, 2002, the Council will hold a Business Meeting from 9:30 a.m.-10:30 a.m. Eastern Standard Time (EST) to discuss the final recommendation of the Council for a restructured and rationalized national intercity rail passenger system. Following the Business Meeting, the Council will hold a press conference from 10:30 a.m. to 12:30 p.m. During its most recent Council meeting, held on January 11, 2002, the Council discussed four options for restructuring Amtrak. A majority of the Council (eight in favor and one opposed) voted to approve the basic elements for a restructuring plan. Under the Council's proposal, the National Railroad Passenger Corporation (NRPC), which has been commonly referred to as Amtrak, would be reconfigured as a small federal program management agency that would control the passenger rail franchise rights, define funding requirements for train operations and infrastructure needs, secure funding from the Congress, and oversee the performance of the system. The reorganization of the NRPC would be completed, in principal part, by putting its train operations into one subsidiary and its real property infrastructure into another. Once the reorganization is in place, the NRPC could introduce competition into the national rail passenger system by permitting other train operating companies, along with Amtrak, to compete for the right to operate a particular route or routes under contract. The NRPC could also exercise its franchise authority to operate passenger trains at the request of a state or an interstate compact. On November 9, 2001, the Amtrak Reform Council approved a resolution finding that Amtrak would not achieve operational self- sufficiency by December 2, 2002, as required by the Amtrak Reform and Accountability Act of 1997. The Council's finding started a 90-day clock in which the Council must submit an action plan for to Congress. | 2002-01-24 | 2002 | 1 | https://www.federalregister.gov/documents/2002/01/24/02-1695/notice-of-meeting | https://www.govinfo.gov/content/pkg/FR-2002-01-24/pdf/02-1695.pdf | Amtrak Reform Council | 21 | As provided in Section 203 of the Amtrak Reform and Accountability Act of 1997 (Reform Act), the Amtrak Reform Council (Council) gives notice of a special public meeting of the Council. On Thursday, February 7, 2002, the Council will hold a Business... |