H.R. 3232: Federal-State Partnership for Intercity Passenger Rail Reauthorization Act

This bill, known as the Federal-State Partnership for Intercity Passenger Rail Reauthorization Act, aims to authorize funding for a specific grant program that supports intercity passenger rail services across the United States. Here are the key elements of the bill:

Funding Authorization

The bill proposes to allocate a total of $7.5 billion for each fiscal year from 2027 to 2031. This funding is intended to be used by the Secretary of Transportation for grants related to intercity passenger rail initiatives.

Use of Funds

The funds authorized by this bill can be used for the following purposes:

• Enhancing existing intercity rail services
• Developing new intercity rail routes
• Improvement of rail infrastructure

Project Management Oversight

The bill also specifies that the Secretary of Transportation can allocate up to 2 percent of the total appropriated amount for project management oversight. This oversight is crucial to ensure that the funds are being used effectively and that the projects adhere to their intended goals.

Long-Term Objectives

The overall goal of this legislation is to strengthen the intercity passenger rail network in the United States, making it a more viable transportation option. By doing so, it seeks to foster better connectivity, improve travel times, and provide an alternative to road and air travel.

Expected Impact

Through this funding, the bill anticipates that states will collaborate with the federal government to enhance passenger rail service efficiency and accessibility, ultimately benefiting passengers, reducing congestion, and contributing to environmental sustainability.

Relevant Companies

• None found