; (B) in paragraph (4) by striking the first sentence and inserting The Committee shall define and periodically update the rules and procedures governing the Committee’s proceedings. ; and (C) in paragraph (6)— (i) by striking subparagraph (B) and inserting the following: (B) Procedures The rules and procedures implemented under paragraph (4) shall include— (i) procedures for changing the cost allocation methodology, notwithstanding section 209(b) of the Passenger Rail Investment and Improvement Act ( 49 U.S.C. 24101 note); and (ii) procedures or broad guidelines for conducting financial planning, including operating and capital forecasting, reporting, and data sharing and governance. ; (ii) in subparagraph (C)— (I) in clause (i) by striking and at the end; (II) in clause (ii) by striking the period at the end and inserting ; and ; and (III) by adding at the end the following: (iii) promote increased efficiency in Amtrak’s operating and capital activities. ; and (iii) by adding at the end the following: (D) Annual Review Not later than June 30 of each year, the Committee shall prepare an evaluation of the cost allocation methodology and procedures under subparagraph (B) and transmit such evaluation to the Committee on Transportation and Infrastructure of the House of Representatives and the Committee on Commerce, Science, and Transportation of the Senate. ; (2) in subsection (b)— (A) by inserting and to the Committee before , as well as the planning ; and (B) by inserting before the period at the end the following: and the Committee. Not later than 180 days after the date of enactment of the TRAIN Act , the Committee shall develop a report that contains the general ledger data and operating statistics from Amtrak’s accounting systems used to calculate payments to States. Amtrak shall provide to the States and the Committee the report for the prior month not later than 30 days after the last day of each month