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Intercity Passenger Rail Trust Fund: Stable Funding for Rail Development

This bill establishes a dedicated trust fund to provide stable and predictable funding for intercity passenger rail services. This aims to make train travel safer, more accessible, and more convenient for all citizens, while also supporting the development of rail infrastructure nationwide.
Key points
Creation of the Intercity Passenger Rail Trust Fund, ensuring consistent financial resources independent of annual budget decisions.
The fund will support the development and maintenance of rail infrastructure, rolling stock, stations, and facilities, leading to improved travel quality.
Funds will be allocated: 40% for the Northeast Corridor and 60% for the National Network, promoting balanced development across the rail system.
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Expired
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Additional Information
Print number: 117_HR_2769
Sponsor: Rep. Davis, Danny K. [D-IL-7]
Process start date: 2021-04-22