,,ii #aad? ,,congress #a/ ,session ,s4 #acfj ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,may #ah1 #bjae ,mr4 ,nelson 7= himself1 ,mrs4 ,fe9/e91 & ,mrs4 ,box]7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,comm]ce1 ,sci5ce1 & ,transportation ,a ,,bill ,to am5d ! limitation on liability = pass5g] rail accid5ts or incid5ts "u section #bhajc ( title #di1 ,unit$ ,/ates ,code1 & = o!r purposes4 #a4 ,accid5t liability 7a7 ,am5dm5ts ,section #bhajc ( title #di1 ,unit$ ,/ates ,code1 is am5d$-- 7#a7 9 subsection 7a7-- 7,a7 9 p>agraph 7#b71 by /rik+ #bjj1jjj1jjj & ins]t+ #ejj1jjj1jjj1 except z provid$ 9 p>agraph 7#c72 & 7,b7 by add+ at ! end ! foll[+3 7#c7 ,subject to p>agraph 7#d71 ! liability cap "u p>agraph 7#b7 %all be adju/$ annually by ! ,secret>y ( ,transportation to reflect *anges 9 ! ,consum] ,price ,index-,all ,urban ,consum]s4 7#d7 ,n lat] ?an #b ye>s aft] ! date ( enactm5t ( ?is p>agraph1 ! ,secret>y-- 7,a7 %all consid] :e!r additional adju/m5ts are ne$$ to ! liability cap "u p>agraph 7#b72 7,b7 %all consid] :e!r to e/abli% or adju/ m&atory cov]age = an entity describ$ 9 subsection 7e77#a77;,a72 & 7,c7 may promulgate regulations4 2 & 7#b7 9 subsection 7c71 by /rik+ #bjj1jjj1jjj p] accid5t or incid5t & ins]t+ #ejj1jjj1jjj p] accid5t or incid5t1 unless ! ,secret>y1 by regulation1 det]m9es t a diff]5t m9imum level ( f9ancial responsibility is necess>y or suffici5t to satisfy claims "u ?is section44 7b7 ,effective date ,! am5dm5ts made by subsection 7a7 %all be effective = any pass5g] rail accid5t or incid5t occurr+ on or aft] ,may #ab1 #bjae4 #b4 ,reimbursem5t 7a7 ,reimbursem5t 7#a7 ,9 g5]al ,! ,secret>y ( ,transportation may make a grant to an entity describ$ 9 section #bhajc7;e77#a77;,a7 ( title #di1 ,unit$ ,/ates ,code1 to provide a reasonable reimbursem5t to (fset any increm5tal increase 9 ! co/ ( insurance1 if ! ,secret>y det]m9es t ! additional co/ ( insurance is a result ( ! am5dm5ts to t section made by section #a ( ?is ,act4 7#b7 ,det]m9ations ,9 det]m9+ ! am\nt ( a reimbursem5t "u p>agraph 7#a71 ! ,secret>y %all consid] su* factors z ! entity's ability to meet ! increas$ co/s & impacts on safety & s]vice4 7b7 ,au?orization ( appropriations ,!re is au?oriz$ to be appropriat$ su* sums z are necess>y to c>ry out subsection 7a74