Northeast Corridor Completion Act of 1980

[AI summary unavailable — showing source text] Northeast Corridor Completion Act of 1980 - Amends the Railroad Revitalization and Regulatory Reform Act of 1976 to extend the time period within which (1) regularly scheduled and dependable intercity rail passenger service is to be established between Boston and New York and New York and Washington, D.C.; and (2) the National Railroad Passenger Corporation must submit to the President and to Congress an updated, comprehensive report on the financial and operating results of such service. Increases the amount authorized to be appropriated to effectuate the establishment of such service. Authorizes the Secretary to acquire any real property which the Secretary deems necessary to effectuate such service. Authorizes the Secretary to enter into contracts with cost-sharing parties to permit the Secretary to incur obligations to carry out improvements in anticipation of reimbursement from such parties. Permits the Secretary to transfer to the National Railroad Passenger Corporation excess real or personal property from the Northeast Corridor Improvement Project. Establishes a goal of self-sufficiency for such intercity passenger service within five years of the completion of such Project…