MISCELLANEOUS AMENDMENTS AND REPEALS.

SEC. 4033. MISCELLANEOUS AMENDMENTS AND REPEALS. (a) Regional Rail Reorganization Act of 1973 Repeals.—The following provisions of the Regional Rail Reorganization Act of 1973 (together with any items relating to such provisions contained in the table of contents of such Act) are repealed: (1) Title IV (45 U.S.C. 761 through 769c). (2) Section 713 (45 U.S.C. 797l). (b) Regional Rail Reorganization Act of 1973 Amendments.—(1) Section 102 of the Regional Rail Reorganization Act of 1973 (45 U.S.C. 702) is amended by inserting after paragraph (17) a new paragraph as follows: “(17A) ‘sale date’ means the date on which the initial public offering of the securities of the Corporation is closed under the Conrail Privatization Act;” . (2) Section 217(c) of the Regional Rail Reorganization Act of 1973 (45 U.S.C. 727(c)) is amended by striking “, until the property” and all that follows, and inserting in lieu thereof “applicable to any taxable period commencing before January 1, 1987.”. (3) Section 217(e) of such Act (45 U.S.C. 727(e)) is amended by striking “and shall collect”. (c) Amendments and Repeals of Other Rail Laws.—(1)(A) Section 1152 of the Northeast Rail Service Act of 1981 (45 U.S.C. 1105) is amended— (i) by inserting “or part 2 of the Conrail Privatization Act” after “subtitle” each place it appears; and (ii) in the second sentence of subsection (c), by inserting “, as the case may be,” after the insertion made by clause (i) of this subparagraph. (B) Section 1168(a) of the Northeast Rail Service Act of 1981 (45 U.S.C. 1116(a)) is amended by inserting before the period at the end the following: “and to the implementation of the sale of the interest of the United States in Conrail under the Conrail Privatization Act”. (C)(i) The following provisions of the Northeast Rail Service Act of 1981 are repealed: (I) Section 1154 (45 U.S.C. 1107). (II) Section 1161 (45 U.S.C. 1110). (III) Section 1166 (45 U.S.C. 1114). (IV) Subsection (c) of section 1167 (45 U.S.C. 1115). (ii) The items relating to such sections 1154, 1161, and 1166 in the table of contents of such Act are repealed. (2) Section 501(8) of the Railroad Revitalization and Regulatory Reform Act of 1976 (45 U.S.C. 821(8)) is amended by striking out “(A)” and by striking out all that follows “improved asset utilization;”. (3) Section 505 of the Railroad Revitalization and Regulatory Reform Act of 1976 (45 U.S.C. 825) is amended— (A) in subsection (a)(1), by striking out all after “railroad” through “1981)”; and (B) in subsection (b)(2)(C), by striking out all after “costs” the second time it appears through “subsidy”. (4) Subsection (b)(1) of section 509 of the Railroad Revitalization and Regulatory Reform Act of 1976 (45 U.S.C. 829) is repealed. (5) Section 511(e) of the Railroad Revitalization and Regulatory Reform Act of 1976 (45 U.S.C. 831(e)) is amended— (A) by striking out “(1)” in the first paragraph; (B) by striking all that follows “time” in the first paragraph and inserting in lieu thereof a period; and (C) by striking out paragraph (2). (6) Section 402 of the Rail Safety and Service Improvement Act of 1982 (45 U.S.C. 825a) is repealed. (7) Section 10362(b)(7)(A) of title 49, United States Code, is amended by striking out “by the Consolidated Rail Corporation or”.