Description: Amtrak Reform Council (ARC) is an independent federal commission established under the Amtrak Reform and Accountability Act of 1997 (ARAA), which gave the Council a statutory mandate: (i) to recommend to Amtrak actions that the Corporation can take to improve its operational and financial performance; (ii) to monitor Amtrak's financial performance in the light of both Amtrak's own goals for financial performance, as established in its strategic business plan, and the statutory requirement that Amtrak be free of the need for operating grants after the fifth anniversary of the enactment of the ARAA; and (iii) should the Council find that Amtrak has not achieved or will not achieve either of its financial targets, then it is to forward to the Congress recommendations for a restructured and rationalized national intercity rail passenger system.
Date: September 13, 2001
Creator: Amtrak Reform Council
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