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Amtrak: Easier Funding for Rail Projects with Federal Grants.

New rules allow Amtrak to use federal grants to meet the required local share of infrastructure project costs. This means Amtrak can more easily secure funds for modernizing and expanding the rail network, potentially leading to better connections and services for passengers. These changes aim to streamline the financing of key rail transport investments.
Key points
Amtrak can now use federal grant funds to satisfy non-Federal share requirements for infrastructure projects.
Easier project funding may accelerate the modernization and expansion of the U.S. rail network.
Changes apply to national infrastructure project assistance, consolidated rail infrastructure and safety improvements, and Federal-State partnership for intercity passenger rail grants.
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Additional Information
Print number: 118_HR_10382
Sponsor: Rep. McClellan, Jennifer L. [D-VA-4]
Process start date: 2024-12-12