S.Amdt. 4905

SA 4905. Mr. CARPER (for himself and Mr. Lautenberg) submitted an
amendment intended to be proposed to amendment SA 4825 proposed by Mrs.
Boxer (for herself, Mr. Warner, and Mr. Lieberman) to the bill S. 3036,
to direct the Administrator of the Environmental Protection Agency to
establish a program to decrease emissions of greenhouse gases, and for
other purposes; which was ordered to lie on the table; as follows:

On page 352, between lines 16 and 17, insert the following:

Subtitle E-Intercity Passenger Rail Service Enhancement

SEC. 1151. INTERCITY PASSENGER RAIL FUND.

(a) Establishment of Fund.--There is established in the
Treasury a Fund to be known as the ``Inter-city Passenger
Rail Fund''.
(b) Auctions.--Annually over the course of at least 4
auctions spaced evenly over a period beginning 330 days
before, and ending 60 days after, the beginning of each
calendar year from 2012 through 2050, the Administrator, for
the purpose of raising funds to deposit into the Intercity
Passenger Rail Fund, shall auction .5 percent of the emission
allowances established for that year pursuant to subsection
(a) of section 201.
(c) Use of the Fund.--The Fund shall invest in capital
projects of the National Railroad Passenger Corporation,
States, and localities--
(1) to develop and expand Amtrak routes and corridors
throughout the United States;
(2) to construct, purchase, replace, or improve passenger
rail-related infrastructure, including locomotives, rolling
stock, stations and facilities;
(3) to improve or expand passenger rail service and
infrastructure capacity; and
(4) to promote or improve intercity rail passenger service
reliability, convenience, and on-time performance.
(d) Treatment of Amounts in the Fund.-- Amounts in the
Fund--
(1) may be used only for the purposes described in this
section;
(2) shall be in addition to the amounts made available
through any other appropriations for any fiscal year, and
(3) shall remain available until expended.
______