Amtrak Investment Act of 1994

[AI summary unavailable — showing source text] Amtrak Investment Act of 1994 - Amends the Rail Passenger Service Act to establish as one of the goals for the National Railroad Passenger Corporation (AMTRAK) management of its capital investment in such a way as to provide its customers with world class service. (Sec. 4) Requires AMTRAK to include in its annual report on its operations to the President and to the Congress projections of anticipated and realized benefits of proposed and previously funded projects. (Sec. 5) Requires applications by a State, agency, or person for the institution of rail passenger service, or the retention of a route, train, or service which AMTRAK intends to discontinue, to include a statement that it agrees to pay in each year of service specified percentages of the long-term avoidable losses for each year (currently, short-term avoidable losses) of the operation of such service. Authorizes AMTRAK for each year of service to contribute specified percentages to such losses. Requires such State, agency, or person, with respect to the renewal of such service, to provide a statement that it agrees to pay at least 65 percent of the long-term avoidable losses of operating such service and at least 50 per…