Amtrak Improvement Act of 1981

[AI summary unavailable — showing source text] Amtrak Improvement Act of 1981 - Amends the Rail Passenger Service Act to delete provisions relating to the ratio of Amtrak revenues to operating expenses. Reduces to 13 the membership of the board of directors of the National Railroad Passenger Corporation (Amtrak). Revises ownership rights for holders of Amtrak stock. Directs Amtrak to report to the Secretary of Transportation every six months in regard to certain operating practices. Prohibits Amtrak (including its corporate officers) from authorizing an expenditure or obligation under any appropriation or fund in excess of the amount available therein. Increases the percentage of operating and capital costs to be paid by a State or agency requesting additional rail passenger service. Repeals the requirement that Amtrak consult with States to be affected by selected fare increases. Requires that Amtrak be reimbursed for the fully allocated cost of commuter rail passenger service provided under an agreement with a State (or local or regional transportation agency). States that the Route and Service Criteria shall not apply to the reduction or discontinuance of certain routes and services. Cancels the Inter-American train to the M…