Rail Passenger Service Act Amendments of 1983

[AI summary unavailable — showing source text] Rail Passenger Service Act Amendments of 1983 - Amends the Rail Passenger Service Act to provide that the two members of the board of directors of the National Railroad Passenger Corporation (Amtrak) which are selected by the preferred stockholders shall serve until their successors have been appointed. Provides that the preferred stock issued by the Corporation shall be deemed to have been issued as of the date the Corporation receives the funds for such stock. Authorizes the Corporation to issue preferred stock at par value to the Federal Financing Bank to: (1) repay principal and interest owed to such bank; (2) fund obligations under leases guaranteed by the Secretary of Transportation; and (3) fund the acquisition of titles to cars and locomotives. Directs the Secretary to exercise the rights of the United States as a shareholder of the Corporation. Provides that the authority of the Secretary to guarantee obligations of the Corporation shall expire upon its satisfaction of such obligations. Repeals provisions which established and set forth the duties of the Performance Evaluation Center within the Corporation. Eliminates requirements for monthly performance reports. Requires …