Railroad Rehabilitation and Recovery Act

[AI summary unavailable — showing source text] Railroad Rehabilitation and Recovery Act - Title I: Findings, Purposes, and Definitions - Makes congressional findings, sets forth the purposes of the Act, and defines the terms used in the Act. Title II Interstate Railroad System - Requires, within 30 days after the date of enactment of this Act, all rail carriers to provide the Secretary of Transportation and the Rail Services Planning Office with copies of the latest edition of all employees' operating timetables; "slow orders" currently in effect; all other current restrictions on train operation; and a statement indicating the maximum speeds authorized on each rail line for freight and passenger trains at all times since January 1, 1935, including the dates between which such speeds were authorized. Requires changes in such information to be forwarded to the Secretary and the Office within seven days. Provides that the initial Interstate Railroad System shall consist of all rail lines operated within the United States by domestic railroad companies which as of the date of enactment of this Act are subject to traffic usage of at least 10,000,000 gross ton-miles per year per mile of rail line. Authorizes, and provides procedures…