PTC: “It ain’t over till it’s over”

Written by William C. Vantuono, Editor-in-Chief, Railway Age

The House Transportation & Infrastructure Committee has released H.R. 3763, the Surface Transportation Reauthorization and Reform Act of 2015, commonly referred to as the “highway bill.” Buried deep within the document (p. 504) is language with provisions to extend the PTC deadline to Dec. 31, 2018, with up to 24 months of additional extensions granted by the FRA on a case-by-case basis.

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