Summary: S.839 — 103rd Congress (1993-1994)All Information (Except Text)

Bill summaries are authored by CRS.

Shown Here:
Indefinitely postponed in Senate (08/18/1994)

High-Speed Ground Transportation Development Act of 1994 - Amends Federal transportation law to authorize the Secretary of Transportation (Secretary) to provide financial assistance to an applicant for up to 50 percent of the publicly funded costs for corridor planning activities (engineering, operational, financial, environmental, or socioeconomic projections for the establishment of high-speed rail service that leads to development of a prudent financial and institutional plan for implementation of specific high-speed rail improvements). Prohibits the use of such assistance for corridor planning with respect to the main line of the Northeast Corridor, between Washington, D.C., and Boston, Massachusetts.

Authorizes the Secretary to undertake activities for the improvement, adaptation, and integration of technologies for commercial application in high-speed rail service in the United States. Requires the Secretary to promulgate safety regulations necessary for high-speed rail.

(Sec. 4) Requires the Secretary, or the Secretary of the Treasury, to authorize the Delta Transportation Company, doing business as the Columbus and Greenville Railway, to redeem its outstanding obligations and liabilities.

(Sec. 5) Authorizes appropriations for FY 1996 and 1997.