Regional Rail Reorganization Act of 1973

[AI summary unavailable — showing source text] Northeast Region Rail Services Act - Subchapter I: General Provisions - States the congressional findings and declaration of purpose and defines the terms used in this Act. Subchapter II: Federal National Railway Association - Establishes a body corporate to be known as the Federal National Railway Association, which shall maintain its principal office in the District of Columbia and shall be deemed for the purposes of venue in civil actions to be a resident thereof. Authorizes the Association to plan, initiate, contract for or undertake studies and research in respect of rail service and facilities in the northeast region. Sets forth provisions for the capitalization of the Association and for the appointment of directors and officers. Subchapter III: Northeast Regional Rail System - Requires the chairman of the Association to, within nine months after the effective date of this Act, prepare and submit to the board of directors of the Association and to the public his conclusions and recommendations respecting the proposed adoption of a regional plan to reorganize the northeast railroad system. States that the regional plan shall be formulated in light of the following goals respe…