Research Reports
Report Details
Title:
Issue Concerning Transfers of Wealth as a Result of State Rail Freight Assistance Programs
Authors:
Publication Date:
Sep 1980
Report #:
SP-8
TRID #:
Keywords:
Type:
Research Report – Staff Papers
Final Report Abstract
Section 803 of the Railroad Revitalization and Regulatory Reform Act of 1975 as amended in 1979 provides for public financial assistance to states on an 80/20 matching basis for state rail freight assistance programs. The program is a direct result of the financial condition of the railroad industry and the corresponding current disinvestment that is taking place in the form of abandonment of branch lines and occasionally main lines.