(a)
(1) $1,138,000,000 for fiscal year 1998;
(2) $1,058,000,000 for fiscal year 1999;
(3) $1,023,000,000 for fiscal year 2000;
(4) $989,000,000 for fiscal year 2001; and
(5) $955,000,000 for fiscal year 2002,
for the benefit of Amtrak for capital expenditures under chapters 243, 247, and 249 of this title, operating expenses, and payments described in subsection (c)(1)(A) through (C). In fiscal years following the fifth anniversary of the enactment of the Amtrak Reform and Accountability Act of 1997 no funds authorized for Amtrak shall be used for operating expenses other than those prescribed for tax liabilities under section 3221 of the Internal Revenue Code of 1986 that are more than the amount needed for benefits of individuals who retire from Amtrak and for their beneficiaries.
(b)
(2)(A) Not more than the following amounts may be appropriated to the Secretary for the benefit of Amtrak for operating losses under section 24704 1 of this title for transportation beginning after September 30, 1992:
(i) $7,500,000 for the fiscal year ending September 30, 1993.
(ii) $9,500,000 for the fiscal year ending September 30, 1994.
(B) The expenditure by Amtrak of an amount appropriated under subparagraph (A) of this paragraph is deemed not to be an operating expense when calculating the revenue-to-operating expense ratio of Amtrak.
(c)
(A) tax liabilities under section 3221 of the Internal Revenue Code of 1986 (26 U.S.C. 3221) due in those fiscal years that are more than the amount needed for benefits for individuals who retire from Amtrak and for their beneficiaries;
(B) obligations of Amtrak under section 8(a) of the Railroad Unemployment Insurance Act (45 U.S.C. 358(a)) due in those fiscal years that are more than obligations of Amtrak calculated on an experience-related basis; and
(C) obligations of Amtrak due under section 3321 of the Code (26 U.S.C. 3321).
(2) Amounts appropriated under this subsection are not a United States Government subsidy of Amtrak.
(d)
(1) 50 percent on October 1.
(2) 25 percent on January 1.
(3) 25 percent on April 1.
(e)
(2) Amounts for capital acquisitions and improvements may be appropriated in a fiscal year before the fiscal year in which the amounts will be obligated.
(f)
(Pub. L. 103–272, §1(e), July 5, 1994, 108 Stat. 902; Pub. L. 105–134, title III, §301(a), Dec. 2, 1997, 111 Stat. 2585.)
Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
---|---|---|
24104(a) | 45:601(a). | Oct. 30, 1970, Pub. L. 91–518, §601, 84 Stat. 1338; June 22, 1972, Pub. L. 92–316, §9, 86 Stat. 231; Nov. 3, 1973, Pub. L. 93–146, §12, 87 Stat. 553; Oct. 28, 1974, Pub. L. 93–496, §8, 88 Stat. 1530; May 26, 1975, Pub. L. 94–25, §10, 89 Stat. 92; Oct. 19, 1976, Pub. L. 94–555, §102(a), (b), 90 Stat. 2613; Oct. 5, 1978, Pub. L. 95–421, §§2(a), (b)(1), 3, 92 Stat. 923; Sept. 29, 1979, Pub. L. 96–73, §122(a), (b)(1), 93 Stat. 550; May 30, 1980, Pub. L. 96–254, §§208, 211, 94 Stat. 414, 415; Aug. 13, 1981, Pub. L. 97–35, §§1138, 1139(a), 1185, 95 Stat. 652, 697; Jan. 14, 1983, Pub. L. 97–468, §302(c), 96 Stat. 2550; Apr. 7, 1986, Pub. L. 99–272, §4002, 100 Stat. 106; July 6, 1990, Pub. L. 101–322, §2, 104 Stat. 295; restated Oct. 27, 1992, Pub. L. 102–533, §7(a), 106 Stat. 3517. |
24104(b) | 45:601(b). | |
24104(c) | 45:601(c). | |
24104(d) | 45:601(d) (3d, last sentences), (e). | |
24104(e)(1) | 45:601(d) (2d sentence). | |
24104(e)(2) | 45:601(d) (1st sentence). | |
24104(f) | 45:854(b)(1) (related to 45:601). | Feb. 5, 1976, Pub. L. 94–210, §704(b)(1) (related to §601), 90 Stat. 123; Jan. 14, 1983, Pub. L. 97–468, §301(4)(A), 96 Stat. 2549. |
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