Amends GS 20-4.01 by adding and defining the term on-track equipment to mean any railcar, rolling stock, equipment, vehicle, or other device that is operated on stationary rails.

Amends GS 20-142.1, concerning drivers obeying railroad signals, to extend the requirements so that they also apply to the approach or passing of on-track equipment (in addition to railroad trains).

Amends GS 20-142.3, concerning the stopping of vehicles at railroad grade crossings, to require drivers of specified vehicles (including school buses) to stop, listen, and look in both directions along the track for any on-track equipment or approaching train (was, approaching train only) and not proceed until it is safe to do so. Makes conforming changes to the statute.

Amends GS 20-142.4, concerning moving heavy equipment at railroad grade crossings, to require the operator to stop, listen, and look in both directions along the track for any on-track equipment or approaching train (was, approaching train only) and not proceed until it is safe to do so. Makes conforming changes to the statute.

Amends GS 20-142.5 to prohibit a driver from driving onto any railroad grade crossing unless there is enough space to accommodate the vehicle without obstructing the passage of on-track equipment.