Mr. Chairman, as you know, this amendment deals with the same clause. We simply want to clean it up a bit. Lines 27 to 29 currently read as follows:
shall offer to transfer all of its interests in the railway line to the governments and urban transit authorities
We would like to replace that with the following wording:
shall offer to transfer all of its interests in the railway line to the governments, transit agencies or similar bodies mentioned in this section for not more than its
When people talk about urban transit, they tend to think of commuter rail systems. However, we want it to be understood that this includes public transit. We believe that saying “transit agencies or similar bodies” instead of “urban transit authorities” would be more realistic. I don't know what you think of this.