Pub. L. 114-113, div. L, tit. I (as amended)

152.Of the unobligated balances of funds available to the Federal Railroad Administration from the Railroad Research and Development account, $1,960,000 is permanently rescinded: Provided, That such amounts are made available to enable the Secretary of Transportation to assist Class II and Class III railroads with eligible projects pursuant to sections 501 through 504 of the Railroad Revitalization and Regulatory Reform Act of 1976 (Public Law 94-210), as amended: Provided further, That such funds shall be available for applicant expenses in preparing to apply and applying for direct loans and loan guarantees: Provided further, That these funds shall remain available until expended.