Title 49 — TransportationRelease 119-84
§308 FUNDING.
Title 49 › Subtitle SUBTITLE V— - RAIL PROGRAMS › Part PART E— - MISCELLANEOUS › Chapter CHAPTER 281— - LAW ENFORCEMENT › § 308
Summary
Create an interest-bearing account called the "Rails to Resources Fund." The United States and the Government of Canada must put in enough money so the Commission can do its work. Money in the Fund can pay for the Commission’s costs. When the Commission ends, close the Fund and split any remaining money between the United States and Canada. Up to $6,000,000 may be provided to such a fund, and that money stays available until it is spent.
Full Legal Text
Title 49, §308
Transportation — Source: USLM XML via OLRC
“(a)The Agreement should provide for the following:
“(1)The establishment of an interest-bearing account to be known as the ‘Rails to Resources Fund’.
“(2)The contribution by the United States and the Government of Canada to the Fund of amounts that are sufficient for the Commission to carry out its duties.
“(3)The availability of amounts in the Fund to pay the costs of Commission activities.
“(4)Dissolution of the Fund upon the termination of the Commission and distribution of the amounts remaining in the Fund between the United States and the Government of Canada.
“(b)There is authorized to be appropriated to any fund established for use by the Commission as described in subsection (a)(1) $6,000,000, to remain available until expended.
Reference
Citations & Metadata
Citation
49 U.S.C. § 308
Title 49 — Transportation
Last Updated
Apr 22, 2026
Release point: 119-84