A bill to improve rail service, railroad tracks, and roadbeds by public investments.

[AI summary unavailable — showing source text] Title I: Purpose and Definitions - States that the Congress of the United States recognizes the environmental and economic importance of efficient railroad transportation to interstate commerce. Declares that it is therefore the national policy of the United States to improve rail service and that such improvement requires public investment in and maintenance of railroad track and roadbed. Defines the terms used in this Act. Title II: Transfer of Rail Lines - Provides that title to all rail lines operated by rail carriers will be transferred to the Department of Transportation on a date designated by the Secretary of Transportation, such date to be no later than one year from the date this Act becomes law. States that at the time title to the rail lines owned by a rail carrier is conveyed to the Department, the Secretary shall convey, in consideration thereof, a Certificate of the Right to Carriage. Provides that such certificate shall entitle the holder to enter into contracts with other rail carriers to operate trains upon the rail line conveyed in consideration for such certificate. Makes it unlawful to operate a train upon any rail line so conveyed to the Department unless the …