Railroad Revitalization and Regulatory Reform Act

[AI summary unavailable — showing source text] Railroad Revitalization and Regulatory Reform Act - Title I: General Provisions - Sets forth the findings of Congress and states that the purpose of this Act is to provide for the restoration, maintenance, and nationalization of the physical facilities and financial stability of the rail system of the United States. Title II: Procedural Reform of the Interstate Commerce Commission - Sets forth organizational and procedural changes in the Interstate Commerce Commission and the Rail Services Planning Office. Authorizes the Commission to act in its own name and on its own behalf in any civil action to which it is a party. Requires the Commission to submit documents under its control to any duly authorized congressional committee which so requests. Directs the Commission, within 90 days of enactment of this Act, to promulgate conflict of interest rules, which shall include a requirement that the Commission shall maintain a public log or summary of meetings held between Commission officials and representatives of regulated industries and other interested parties. Sets forth procedures governing hearings and appellate hearings before the Commission. Directs the Commission to prescribe, n…