In the aftermath of the recent Philadelphia Amtrak derailment, which cost the lives of eight individuals and severely injured more than 200, it came to light that the U.S. Congress had passed an act in 1997 to limit or cap Amtrak’s total payouts to train crash victims to $200 million. In an Associated Press report by writer Eileen Sullivan, it was reported that the cap may be too low for the injured and killed in the Philadelphia Amtrak crash.
The $200 million payout cap was for a single passenger rail incident was part of a late effort in 1997 to pass legislation that would help Amtrak financially, which was on the brink of bankruptcy at that time.
The 1997 legislation did not adjust the payout cap for inflation. If that were considered today, the payout cap might reach somewhere in the area of $300 million in 2015 dollars.