,,ii  #aad? ,,congress  #a/ ,session    
,s4 #hec  ,,9 ,,! ,,s5ate ,,( ,,!       
,,unit$ ,,/ates  ,m>* #bd1 #bjae ,ms4   
,baldw9 introduc$ ! foll[+ bill2 :i* 0  
read twice & ref]r$ to ! ,committee on  
,comm]ce1 ,sci5ce1 & ,transportation  ,a
 ,,bill  ,to improve ! effici5cy &      
reliability ( rail transportation by    
re=m+ ! ,surface ,transportation ,bo>d1 
& = o!r purposes4  #a4 ,%ort title  ,?is
 ,act may be cit$ z ! ,rail ,%ipp]      
,fairness ,act ( #bjae4  #b4 ,improv+   
rail s]vice  7a7 ,common c>ri]          
obligations ,section #aaaja7;a7 ( title 
#di1 ,unit$ ,/ates ,code1 is am5d$ by   
ins]t+ 1 z necess>y = ! effici5t &      
reliable transportation bas$ on !       
%ipp]'s reasonable s]vice requirem5ts1  
aft] ! transportation or s]vice4  7b7   
,em]g5cy s]vice ord]s ,section          
#aaabc7;b7 ( su* title is am5d$ by add+ 
at ! end ! foll[+3  7#d7 ,! ,bo>d may   
issue em]g5cy s]vice ord]s t cov]       
%ipm5ts mov+ "u contract if su* %ipm5ts 
are "p ( a regional s]vice ord] issu$ 9 

accordance ) ?is section4  4  7c7       
,reports ,section #aaade7;a7 ( su* title
 is am5d$-- 7#a7 9 p>agraph 7#a71 by    
/rik+ & at ! end2  7#b7 by r$esignat+   
p>agraph 7#b7 z p>agraph 7#c72 &  7#c7  
by ins]t+ aft] p>agraph 7#a7 ! foll[+3  
7#b7 reports1 s]vice plans1 or o!r      
docum5ts t cov] %ipm5ts mov+ "u contract
 if su* %ipm5ts are "p ( a g5]al report1
 s]vice plan1 or o!r docum5t t g5]ally  
cov]s ! geographic area or commodity2 & 
4  7d7 ,equitable relief2 damages       
,section #aagjd ( su* title is am5d$--  
7#a7 9 subsection 7a71 by ins]t+ or     
subject$ to inadequate or defici5t      
s]vice aft] injur$2  7#b7 by am5d+      
subsection 7b7 to read z foll[s3  7b7 ,a
 rail c>ri] provid+ transportation      
subject to ! jurisdiction ( ! ,bo>d "u  
?is "p is liable--  7#a7 = damages      
su/a9$ by a p]son z a result ( an act or
 omission ( t c>ri] 9 violation ( ?is   
"p2  7#b7 to a p]son = am\nts *>g$ to t 
p]son t exce$ ! applicable rate = !     
transportation2 &  7#c7 to a p]son =    

damages or equitable relief z a result (
 inadequate or defici5t s]vice 9        
violation ( ?is "p4  2 &  7#c7 9        
subsection 7c71 by add+ at ! end !      
foll[+3  7#c7 ,! ,bo>d may ord] a rail  
c>ri] to pay damages or to provide      
equitable relief1 z appropriate1 to a   
p]son subject$ to inadequate or defici5t
 s]vice z a result ( a violation ( ?is  
"p by t c>ri]4  4  7e7 ,f9es ,section   
#aaija ( su* title is am5d$-- 7#a7 9    
subsection 7a71 by /rik+ #e1jjj & ins]t+
 #be1jjj2  7#b7 9 subsection 7c71 by    
/rik+ #e1jjj & ins]t+ #be1jjj2 &  7#c7 9
 subsection 7e71 by /rik+ #ajj ea* place
 su* t]m appe>s & ins]t+ #a1jjj4  #c4   
,improv+ rail competition  7a7 ,rail    
transportation policy ,section #ajaja ( 
title #di1 ,unit$ ,/ates ,code1 is      
am5d$-- 7#a7 by r$esignat+ p>agraphs    
7#ad7 & 7#ae7 z p>agraphs 7#ae7 & 7#af71
 respectively2 &  7#b7 by ins]t+ aft]   
p>agraph 7#ac7 ! foll[+3  7#ad7 to      
provide = & promote ! protection ( !    
%ipp+ public2  4  7b7 ,rates ,section   

#ajgje ( su* title is am5d$ by add+ at !
 end ! foll[+3  7d7 ,%ipp]s may obta9   
rates to or f any int]*ange po9ts ( #b  
or m rail c>ri]s4  4  7c7 ,m>ket        
dom9ance ,section #ajgjg7;b7 ( su* title
 is am5d$ by ins]t+ ,a rail c>ri] c\ld h
 m>ket dom9ance ev5 9 circum/ances 9 :i*
 a %ipp] is s]v$ by #b c>ri]s4 aft] !   
rate applies44  7d7 ,t]m9al facilities  
,section #aaajb7;c7 ( su* title is am5d$
 to read z foll[s3  7c7 7#a7 ,except z  
provid$ 9 p>agraph 7#b71 ! ,bo>d %all   
require a ,class #a rail c>ri] to ent]  
into a competitive swit*+ agreem5t if a 
%ipp] or receiv]1 or a gr\p ( %ipp]s or 
receiv]s1 files a petition ) ! ,bo>d t  
demon/rates1 to ! satisfaction ( !      
,bo>d1 t--  7,a7 ! facilities ( ! %ipp] 
or receiv] = :om su* swit*+ is s\ght are
 s]v$ by rail only by a s+le1 ,class ,i 
rail c>ri]2 &  7,b7 subject to p>agraph 
7#d71 !re is1 or c be a work+ int]*ange 
betwe5-- 7i7 ! ,class ,i rail c>ri] s]v+
 ! %ipp] or receiv] = :om su* swit*+ is 
s\ght2 &  7ii7 ano!r rail c>ri] )9 a    

reasonable di/ance ( ! facilities ( su* 
%ipp] or receiv]4  7#b7 ,competitive    
swit*+ may n be impos$ "u ?is subsection
 if--  7,a7 ei!r rail c>ri] betwe5 :i*  
su* swit*+ is to be e/abli%$ demon/rates
 t ! propos$ swit*+ is n feasible or is 
unsafe2 or  7,b7 ! pres5ce ( reciprocal 
swit*+ w unduly re/rict ! ability ( a   
rail c>ri] to s]ve its own %ipp]s4  7#c7
 ,! requirem5t set =? 9 p>agraph        
7#a77;,b7 is satisfi$ if ea* facility ( 
! %ipp] or receiv] = :i* competitive    
swit*+ is s\ght is--  7,a7 )9 ! b\nd>ies
 ( a t]m9al ( ! ,class ,i rail c>ri]2 or
  7,b7 )9 a #ajj-mile radius ( an       
int]*ange betwe5 ! ,class ,i rail c>ri] 
& ano!r c>ri] at :i* rail c>s are       
regul>ly swit*$4  4  #d4 ,improv+       
reasonable rate /&>ds  7a7 ,/&-,alone   
co/ cases ,section #ajgjb ( title #di1  
,unit$ ,/ates ,code1 is am5d$-- 7#a7 by 
ins]t+ 7a7 be=e ,a rail c>ri]2 &  7#b7  
by add+ at ! end ! foll[+3  7b7 7#a7 ,! 
,bo>d %all prohibit a rail c>ri] provid+
 transportation subject to !            

jurisdiction ( ! ,bo>d "u ?is "p to *>ge
 ! *all5g$ rate = provid+ su*           
transportation to rail cu/om]s :ile a   
maximum reasonable rate case br\ght by  
su* rail cu/om]s is p5d+ be=e ! ,bo>d4  
7#b7 ,a rail cu/om] may file a maximum  
reasonable rate case ) ! ,bo>d aft] !   
date t is #b ye>s be=e ! date on :i* a  
common c>ri] %ipm5t rate is anticipat$  
to beg94  7#c7 ,! ,bo>d may n use       
cross-subsidy te/s 9 decid+ /&-alone co/
 cases4  7#d7 ,! ,bo>d %all use         
m>ket-bas$ rev5ue divisions me?odology 9
 decid+ /&-alone co/ cases4  7#e7 ,9 a  
/&-alone co/ case1 if ! ,bo>d det]m9es t
 ! rail c>ri] is rev5ue adequate1 ! rail
 c>ri] %all h ! burd5 ( pro( to         
demon/rate t ! railroad c>ri] is *>g+ a 
reasonable rate4  4  7b7 ,m>ket dom9ance
 ,section #ajgjg ( su* title1 z am5d$ by
 section #c7;c71 is fur!r am5d$-- 7#a7 9
 subsection 7d77#a77;,b71 by add+ at !  
end ! foll[+ ,a %ipp] may introduce     
movem5t-specific ,uni=m ,rail ,co/+     
,sy/em co/ calculations42 &  7#b7 by    

add+ at ! end ! foll[+3  7e7 ,9 mak+ a  
det]m9ation "u ?is section1 ! ,bo>d may 
n utilize a qualitative analysis 9 :i* !
 ,bo>d attempts to id5tify any feasible 
transportation alt]natives t c\ld be us$
 by ! %ipp]4  4  #e4 ,rev5ue adequacy   
7a7 ,elim9ation ( rev5ue adequacy te/   
,section #ajgjd7;a7 ( title #di1 ,unit$ 
,/ates ,code1 is am5d$ by /rik+ p>agraph
 7#c74  7b7 ,railroad co/ ( capital     
,section #ajgjd7;a7 ( su* title1 z am5d$
 by subsection 7a71 is fur!r am5d$ by   
add+ at ! end ! foll[+3  7#c7 ,9        
calculat+ a rail c>ri]'s co/ ( capital1 
! ,bo>d %all multiply ! value ( !       
capital by ! sum (--  7,a7 ! curr5t     
annual yield on a #aj-ye> ,unit$ ,/ates 
,treasury ,bond2 &  7,b7 a prospective  
m>ket risk premium1 :i* %all n exce$ #e 
p]c5t p] ye>4  4  #f4 ,surface          
,transportation ,bo>d /ructural *anges  
,*apt] #g ( title #di1 ,unit$ ,/ates    
,code1 is am5d$-- 7#a7 9 section        
#gja7;b7--  7,a7 9 p>agraph 7#a7-- 7i7  
by /rik+ #c memb]s & ins]t+ #e memb]s2 &

  7ii7 by /rik+ #b memb]s & ins]t+ #c   
memb]s2 &  7,b7 9 p>agraph 7#b7--  7i7  
by /rik+ "t1 at lea/ #b memb]s & ins]t+ 
! foll[+3 8"t--  7,a7 at lea/ #b memb]s 
2 &  7ii7 by /rik+ regulation1 & at lea/
 "o memb] & ins]t+ ! foll[+3            
8regulation2  7,b7 at lea/ #b memb]s    
%all h a backgr\nd 9 %ipp+ or consum]   
advocacy2 &  7,c7 at lea/ #a memb]  2 & 
7#b7 9 section #gjc1 by am5d+ subsection
 7b7 to read z foll[s3  7b7 ,meet+s     
7#a7 ,regul> meet+s ,! ,bo>d %all meet  
regul>ly4  7#b7 ,op5 meet+s ,! ,bo>d    
%all be deem$ to be an ag5cy ( ! ,unit$ 
,/ates ,gov]nm5t & subject to !         
provisions set =? 9 section #eeb;b (    
title #e4  4