S.Amdt. 2518

SA 2518. Mr. KIRK submitted an amendment intended to be proposed to
amendment SA 2266 proposed by Mr. McConnell to the bill H.R. 22, to
amend the Internal Revenue Code of 1986 to exempt employees with health
coverage under TRICARE or the Veterans Administration from being taken
into account for purposes of determining the employers to which the
employer mandate applies under the Patient Protection and Affordable
Care Act; which was ordered to lie on the table; as follows:

On page 14, line 11, strike ``$300,000,000'' and insert
``$295,000,000''.
Beginning on page 817, strike line 13 and all that follows
through page 818, line 15, and insert the following:

SEC. 35603. ELIGIBLE APPLICANTS.

Section 502(a) of the Railroad Revitalization and
Regulatory Reform Act of 1976 (45 U.S.C. 822(a)) is amended--
(1) in paragraph (5), by striking ``one railroad; and'' and
inserting ``1 of the entities described in paragraph (1),
(2), (3), (4), (6), or (7);'' and
(2) by striking paragraph (6) and inserting the following:
``(6) solely for the purpose of constructing a rail
connection between a plant or facility

[[Page S5887]]

and a rail carrier, limited option freight shippers that own
or operate a plant or other facility;
``(7) any obligor, as designated by an entity otherwise
eligible to receive a direct loan or loan guarantee under
this section, including a special purpose entity receiving
user fees or other payments or revenues from dedicated
sources for debt service and maintenance of the equipment or
facilities to be acquired or improved; and
``(8) a public-private or private partnership between at
least 1 other entity listed in any of paragraphs (1) through
(7) and a consortium that specializes in real estate
development.''.

SEC. 35604. ELIGIBLE PURPOSES.

Section 502(b)(1) of the Railroad Revitalization and
Regulatory Reform Act of 1976 (45 U.S.C. 822(b)(1)) is
amended--
(1) in subparagraph (A), by inserting ``, and costs related
to these activities, including preconstruction costs'' after
``shops'';
(2) in subparagraph (B), by striking ``subparagraph (A);
or'' and inserting ``subparagraph (A) or (C);'';
(3) in subparagraph (C), by striking the period at the end
and inserting a semicolon; and
(4) by adding at the end the following:
``(D) reimburse planning and design expenses relating to
projects described in subparagraph (A) or (C); or
``(E) finance economic development, including commercial
and residential development, and related infrastructure and
activities, that--
``(i) incorporates private investment;
``(ii) is physically or functionally related to a passenger
rail station or multimodal station that includes rail
service;
``(iii) has a high probability of the applicant commencing
the contracting process for construction not later than 90
days after the date on which the direct loan or loan
guarantee is obligated for the project under this title; and
``(iv) has a high probability of reducing the need for
financial assistance under any other Federal program for the
relevant passenger rail station or service by increasing
ridership, tenant lease payments, or other activities that
generate revenue exceeding costs.''.
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