Actions

No actions available.

Full Text of this Amendment

SA 3481. Mr. ENSIGN submitted an amendment intended to be proposed by him to the bill S. 294, to reauthorize Amtrak, and for other purposes; which was ordered to lie on the table; as follows:

Strike section 215 and insert the following:
SEC. 215. PROHIBITION ON FINANCIAL GUARANTEES.
(a) In General.--Notwithstanding any other provision of law, beginning on the date of the enactment of this Act, the Federal Government shall not make any financial guarantee or commitment to amortize Amtrak's outstanding indebtedness.
(b) Savings Provision.--Nothing in this section may be construed to prohibit the Federal Government from honoring any financial guarantee or commitment made by the Federal Government before the date of the enactment of this Act.


(As printed in the Congressional Record for the Senate on Oct 29, 2007.)