FEDERAL · 49 U.S.C. · Chapter 227

Definitions

Current through Pub. L. 119-102
Title 49Transportation·Ch. 227 — STATE RAIL PLANS

In this subchapter: 1

(1)Private benefit.—
(A)In general.—The term "private benefit"—
(i)means a benefit accrued to a person or private entity, other than Amtrak, that directly improves the economic and competitive condition of that person or entity through improved assets, cost reductions, service improvements, or any other means as defined by the Secretary; and
(ii)shall be determined on a project-by-project basis, based upon an agreement between the parties.
(B)Consultation.—The Secretary may seek the advice of the States and rail carriers in further defining this term.
(2)Public benefit.—
(A)In general.—The term "public benefit"—
(i)means a benefit accrued to the public, including Amtrak, in the form of enhanced mobility of people or goods, environmental protection or enhanceme

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History

(Added Pub. L. 110–432, div. B, title III, §303(a), Oct. 16, 2008, 122 Stat. 4947.)