Title 49 › Subtitle SUBTITLE V— RAIL PROGRAMS › Part B— ASSISTANCE › Chapter 224— RAILROAD REHABILITATION AND IMPROVEMENT FINANCING › § 22404
Requires fair employee protections when a railroad gets financial help under this law. Railroad and employee representatives must make an agreement within 120 days after February 5, 1976. If they do not, the Secretary of Labor must set the protections within 150 days after February 5, 1976. The protections apply to every person who works for the railroad on the day the railroad first applies for the money. The protections must be worked out before any funded work starts. If no deal is reached within 30 days after the assistance is approved, either side can ask for final, binding arbitration, and the arbitrator must decide within 30 days. The protections must keep pay and benefits (like wage increases, vacations, guaranteed monthly pay, pensions, and health coverage), allow final arbitration for disputes, require reassignment or retraining to comparable jobs when needed, and include rules about subcontracting work paid for with those funds.
Full Legal Text
Transportation — Source: USLM XML via OLRC
Legislative History
Reference
Citation
49 U.S.C. § 22404
Title 49 — Transportation
Last Updated
Apr 5, 2026
Release point: 119-73not60