Page:United States Statutes at Large Volume 106 Part 4.djvu/785
PUBLIC LAW 102-533—OCT. 27, 1992 106 STAT. 3521 shall convene ite first meeting within 90 days follovdng the date of enactment of this section. "(b) MATTERS TO BE CONSIDERED.— The task force formed under subsection (a) shall consider, at a minimum— "(1) whether the Corporation's emergency training and drill program as presently constituted is adequate, and if not, in what ways it can be augmented or improved; "(2) whether medical first-aid training, including cardiopulmonary resuscitation, should be required for all onboard service crew members; "(3) whether the Corporation's requirements with respect to employee responsibilities for passenger evacuation, emergency communications, crew coordination, and disaster response should be coordinated; and "(4) whether certification of the Corporation's emergency training program and evacuation procedures by the Federal Railroad Administration is warranted. In considering the matters described in paragraphs (1) through (4), the task force shall address relevant prior recommendations andfindingsby the National Transportation Safety Board. "(c) REPORT. —Not later than June 1, 1993, the task force shall report to the Committee on Energy and Commerce of the House of Representatives and the Committee on Commerce, Science, and Transportation of the Senate on its findings in subsection (b), together with a summary of actions implemented to date and recommendations forfixtureaction.". SEC. 12. COLUMBUS AND GREENVILLE RAILWAY. (a) IN GENERAL.—Title V of the Railroad Revitalization and Regulatory Reform Act of 1976 (45 U.S.C. 821 et seq.) is amended by adding at the end the following new section: SEC. 618. COLUMBUS AND GREENVILLE RAILWAY. 45 USC 838.
- (a) LIMITATION OF UNITED STATES INTEREST. —Notwithstanding any other provision of this title, the Secretary shall limit the
interest of the United States in any debt of the Columbus and Greenville Railway under sections 505 and 511 of this title to an interest which attaches to such debt in the event of (1) bankruptcy, or (2) substantial sale or liquidation of the assets of the rauroad, the proceeds of which are not reinvested in the operations of the railroad. The Secretary may substitute for the evidence of such debt contingency not^ payable solely from the railroad operating assets then securing such debt, including reinvestments tnereof, or such other contingency notes as the Secretary deems appropriate and which conform to uie terms in this section.
- (b) HIGHER PRIORITY FOR NEW DEBT.— If the interest of the
United States is limited under subsection (a) of this section, any new debt issued by such railroad subseauent to the issuance of the debt described in such subsection may have such higher priority in the event of bankruptcy, liquidation, or abandonment of the assets of such a railroad than the debt described in such subsection as the Secretary and railroad may agree.". (b) CONFORMING AMENDMENT.— The table of contents in the first section of the Railroad Revitalization and Regulatory Reform Act of 1976 is amended by inserting immediately afl«r the item relating to section 517 the following new item: "Sec. 518. Columbus and Greenville Railway.*.�