Skip to Main Content
Legislation Search

H.R. 3730: Forging Ahead on Rail Electrification Act

The bill known as the Forging Ahead on Rail Electrification Act (FARE Act) aims to establish an advisory committee focused on rail electrification. Here are the key components of the bill explained in simple terms:

Establishment of Advisory Committee

The Chairman of the Surface Transportation Board is required to create an advisory committee specifically to tackle issues related to rail electrification. This committee will study the challenges that exist in electrifying railways and provide recommendations on how to overcome these barriers.

Purpose of the Committee

The role of the advisory committee includes:

  • Identifying barriers to the electrification of rail systems.
  • Assessing research and development needs to address these barriers.

Membership of the Committee

The committee will consist of members from a variety of organizations to ensure a balanced representation of interests. The members will include:

  • Representatives from passenger railroads.
  • Representatives from freight railroads.
  • Members from electric utility companies.
  • Manufacturers of electric equipment.
  • Manufacturers of rail equipment.
  • State government officials.
  • Relevant officials from federal agencies.

Reporting Requirements

Within two years of the bill becoming law, the Chairman must report back to two congressional committees on the findings and recommendations made by the advisory committee. This reporting will continue every two years following the initial report until the committee is dissolved.

Termination of the Committee

The advisory committee is set to be dissolved ten years after the enactment of this bill.

Relevant Companies

  • GE (General Electric): Likely to be involved due to their role in manufacturing electric equipment for rail systems.
  • ALSN (Allison Transmission): May be impacted by the electrification needs of rail equipment they produce.
  • UNP (Union Pacific Railroad): As a freight railroad, they will be directly affected by changes in electrification strategies.

This is an AI-generated summary of the bill text. There may be mistakes.

Show More

Sponsors

1 sponsor

Actions

3 actions

Date Action
Jun. 05, 2025 Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.
Jun. 04, 2025 Introduced in House
Jun. 04, 2025 Referred to the Committee on Transportation and Infrastructure, and in addition to the Committee on Science, Space, and Technology, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Corporate Lobbying

0 companies lobbying

None found.

* Note that there can be significant delays in lobbying disclosures, and our data may be incomplete.

Potentially Relevant Congressional Stock Trades

Estimated excess return of the underlying stock since the transaction
Politician Stock Transaction Filed Traded
Congress pfp
Ro Khanna D / House
UNP logo
UNP UNION PACIFIC CORP. CMN
Sale $1,001 - $15,000
Jul 09, 2025 Jun 23, 2025 -6.14%
Congress pfp
Josh Gottheimer D / House
UNP logo
UNP UNION PACIFIC CORPORATION COMMON STOCK
Sale $1,001 - $15,000
Jul 16, 2025 Jun 04, 2025 -5.01%
Congress pfp
Ro Khanna D / House
UNP logo
UNP UNION PACIFIC CORP. CMN
Purchase $1,001 - $15,000
Jun 10, 2025 May 28, 2025 -7.03%
Congress pfp
Ro Khanna D / House
UNP logo
UNP UNION PACIFIC CORP. CMN
Purchase $1,001 - $15,000
Jun 10, 2025 May 19, 2025 -8.91%
Congress pfp
Robert Bresnahan R / House
GE logo
GE GE AEROSPACE COMMON STOCK
Sale $1,001 - $15,000
Jun 09, 2025 May 15, 2025 +12.15%
Congress pfp
Jefferson Shreve R / House
GE logo
GE GE AEROSPACE COMMON STOCK
Sale $50,001 - $100,000
Jun 22, 2025 May 12, 2025 +16.40%
Congress pfp
Jefferson Shreve R / House
UNP logo
UNP UNION PACIFIC CORPORATION COMMON STOCK
Sale $15,001 - $50,000
Jun 22, 2025 May 12, 2025 -11.60%
Congress pfp
Jefferson Shreve R / House
GE logo
GE GE AEROSPACE COMMON STOCK
Purchase $50,001 - $100,000
Jun 22, 2025 May 08, 2025 +15.56%
Congress pfp
Scott Franklin R / House
UNP logo
UNP UNION PACIFIC CORPORATION COMMON STOCK
Purchase $1,001 - $15,000
Jun 02, 2025 Apr 21, 2025 -19.42%
Congress pfp
Bruce Westerman R / House
UNP logo
UNP UNION PACIFIC CORPORATION COMMON STOCK
Sale $1,001 - $15,000
May 12, 2025 Apr 21, 2025 -19.42%
Congress pfp
Josh Gottheimer D / House
UNP logo
UNP UNION PACIFIC CORPORATION COMMON STOCK
Sale $1,001 - $15,000
May 14, 2025 Apr 17, 2025 -18.48%
Congress pfp
Ro Khanna D / House
UNP logo
UNP UNION PACIFIC CORP. CMN
Sale $15,001 - $50,000
May 12, 2025 Apr 15, 2025 -15.97%
Congress pfp
Dan Newhouse R / House
UNP logo
UNP UNION PACIFIC CORPORATION COMMON STOCK
Sale $1,001 - $15,000
May 16, 2025 Apr 11, 2025 -16.12%
Congress pfp
Ro Khanna D / House
UNP logo
UNP UNION PACIFIC CORP. CMN
Sale $15,001 - $50,000
May 12, 2025 Apr 09, 2025 -16.34%
Congress pfp
Robert Bresnahan R / House
UNP logo
UNP UNION PACIFIC CORPORATION COMMON STOCK
Purchase $1,001 - $15,000
May 08, 2025 Apr 08, 2025 -19.77%
Congress pfp
Jefferson Shreve R / House
GE logo
GE GE AEROSPACE COMMON STOCK
Sale $15,001 - $50,000
May 08, 2025 Apr 07, 2025 +37.36%
Congress pfp
Ro Khanna D / House
UNP logo
UNP UNION PAC CORP COM
Sale $1,001 - $15,000
May 12, 2025 Apr 04, 2025 -19.88%
Congress pfp
Ro Khanna D / House
UNP logo
UNP UNION PAC CORP COM
Sale $1,001 - $15,000
May 12, 2025 Apr 04, 2025 -19.88%
Congress pfp
Ro Khanna D / House
UNP logo
UNP UNION PAC CORP COM
Sale $1,001 - $15,000
May 12, 2025 Apr 04, 2025 -19.88%
Congress pfp
Ro Khanna D / House
UNP logo
UNP UNION PAC CORP COM
Sale $1,001 - $15,000
May 12, 2025 Apr 04, 2025 -19.88%
Congress pfp
Ro Khanna D / House
UNP logo
UNP UNION PAC CORP COM
Sale $1,001 - $15,000
May 12, 2025 Apr 04, 2025 -19.88%
Congress pfp
Ro Khanna D / House
UNP logo
UNP UNION PAC CORP COM
Sale $1,001 - $15,000
May 12, 2025 Apr 04, 2025 -19.88%
Congress pfp
George Whitesides D / House
UNP logo
UNP STOCK, COMPANY-SPECIFIC HOLDINGS INTO PASSIVE ETFS AND MUTUAL FUNDS, PER BEST PRACTICES. C�������: TO AVOID ANY POSSIBLE CONFLICTS OF INTEREST WITH MY FUTURE CONGRESSIONAL WORK, I’M TRANSITIONING MY SINGLE STOCK, COMPANY-SPECIFIC HOLDINGS INTO PASSIVE ETFS AND MUTUAL FUNDS, PER BEST PRACTICES. UNION PACIFIC CORPORATION COMMON STOCK
Sale $50,001 - $100,000
Apr 23, 2025 Mar 24, 2025 -14.66%
Congress pfp
Bruce Westerman R / House
UNP logo
UNP UNION PACIFIC CORPORATION COMMON STOCK
Purchase $1,001 - $15,000
Apr 16, 2025 Mar 04, 2025 -16.89%
Congress pfp
Julie Johnson D / House
UNP logo
UNP UNION PACIFIC CORPORATION COMMON STOCK
Purchase $1,001 - $15,000
Mar 12, 2025 Feb 25, 2025 -15.36%
Congress pfp
Jefferson Shreve R / House
GE logo
GE GE AEROSPACE COMMON STOCK
Purchase $50,001 - $100,000
Mar 09, 2025 Feb 24, 2025 +31.50%
Congress pfp
Jefferson Shreve R / House
UNP logo
UNP UNION PACIFIC CORPORATION COMMON STOCK
Purchase $15,001 - $50,000
Mar 09, 2025 Feb 24, 2025 -13.53%
Congress pfp
Josh Gottheimer D / House
UNP logo
UNP UNION PACIFIC CORPORATION COMMON STOCK
Purchase $1,001 - $15,000
Mar 06, 2025 Feb 03, 2025 -13.68%
Congress pfp
Josh Gottheimer D / House
UNP logo
UNP UNION PACIFIC CORPORATION COMMON STOCK
Purchase $1,001 - $15,000
Feb 10, 2025 Jan 29, 2025 -15.34%
Congress pfp
Ro Khanna D / House
UNP logo
UNP UNION PACIFIC CORP. CMN
Purchase $1,001 - $15,000
Feb 06, 2025 Jan 22, 2025 -9.44%
Congress pfp
Ro Khanna D / House
UNP logo
UNP UNION PACIFIC CORP. CMN
Purchase $1,001 - $15,000
Feb 06, 2025 Jan 17, 2025 -10.35%
Congress pfp
Shelley Moore Capito R / Senate
GE logo
GE GE Aerospace
Purchase $1,001 - $15,000
Jan 06, 2025 Dec 27, 2024 +53.93%
Congress pfp
Josh Gottheimer D / House
UNP logo
UNP UNION PACIFIC CORPORATION COMMON STOCK
Purchase $1,001 - $15,000
Jan 14, 2025 Dec 13, 2024 -9.48%
Congress pfp
Ro Khanna D / House
UNP logo
UNP UNION PACIFIC CORP. CMN
Purchase $15,001 - $50,000
Dec 05, 2024 Nov 15, 2024 -12.98%
Congress pfp
Ro Khanna D / House
UNP logo
UNP UNION PACIFIC CORP. CMN
Sale $15,001 - $50,000
Dec 05, 2024 Nov 12, 2024 -12.30%
Congress pfp
Mike Kelly R / House
UNP logo
UNP UNION PACIFIC CORPORATION COMMON STOCK
Sale $15,001 - $50,000
Dec 12, 2024 Nov 08, 2024 -13.06%
Congress pfp
Ro Khanna D / House
UNP logo
UNP I UNION PACIFIC CORP. CMN
Purchase $1,001 - $15,000
Aug 07, 2024 Jul 02, 2024 -15.97%
Congress pfp
Ro Khanna D / House
UNP logo
UNP UNION PACIFIC CORP. CMN
Purchase $1,001 - $15,000
Jul 08, 2024 Jun 14, 2024 -15.74%
Congress pfp
Michael T. McCaul R / House
GE logo
GE GENERAL ELECTRIC
Sale $250,001 - $500,000
Apr 16, 2024 Mar 25, 2024 +74.99%
Congress pfp
Michael T. McCaul R / House
GE logo
GE GENERAL ELECTRIC
Sale $250,001 - $500,000
Apr 16, 2024 Mar 25, 2024 +74.99%
Congress pfp
Michael T. McCaul R / House
GE logo
GE GENERAL ELECTRIC CO
Sale $50,001 - $100,000
Apr 16, 2024 Mar 14, 2024 +81.67%
Congress pfp
Michael T. McCaul R / House
GE logo
GE GENERAL ELECTRIC CO
Sale $15,001 - $50,000
Apr 16, 2024 Mar 14, 2024 +81.67%
Congress pfp
Michael T. McCaul R / House
GE logo
GE GENERAL ELECTRIC CO
Sale $50,001 - $100,000
Apr 16, 2024 Mar 11, 2024 +81.06%
Congress pfp
Michael T. McCaul R / House
GE logo
GE GENERAL ELECTRIC CO
Sale $15,001 - $50,000
Apr 16, 2024 Mar 11, 2024 +81.06%
Congress pfp
Michael T. McCaul R / House
GE logo
GE GENERAL ELECTRIC CO
Sale $15,001 - $50,000
Apr 16, 2024 Mar 04, 2024 +88.27%
Congress pfp
Michael T. McCaul R / House
GE logo
GE GENERAL ELECTRIC CO
Sale $50,001 - $100,000
Apr 16, 2024 Mar 04, 2024 +88.27%
Congress pfp
Michael T. McCaul R / House
GE logo
GE GENERAL ELECTRIC CO
Sale $15,001 - $50,000
Mar 15, 2024 Feb 21, 2024 +101.37%
Congress pfp
Michael T. McCaul R / House
GE logo
GE GENERAL ELECTRIC CO
Sale $15,001 - $50,000
Mar 15, 2024 Feb 21, 2024 +101.37%
Congress pfp
Tommy Tuberville R / Senate
UNP logo
UNP Union Pacific Corporation Common Stock
Sale (Partial) $15,001 - $50,000
Feb 14, 2024 Jan 03, 2024 -41.88%
Congress pfp
John R. Curtis R / House
UNP logo
UNP UNION PACIFIC CORPORATION
Sale $1,001 - $15,000
Dec 15, 2023 Dec 04, 2023 -42.34%
Congress pfp
John James R / House
UNP logo
UNP UNION PACIFIC CORPORATION COMMON STOCK
Purchase $1,001 - $15,000
Sep 02, 2024 Nov 10, 2023 -37.41%
Congress pfp
Carol D. Miller R / House
UNP logo
UNP A PRICE OF $8.61/SHARE, RESULTING IN A GAIN OF $99.76 UNION PACIFIC CORPORATION
Sale $15,001 - $50,000
Dec 07, 2023 Nov 03, 2023 -39.64%
Congress pfp
Ro Khanna D / House
UNP logo
UNP UNION PACIFIC CORP. CMN
Purchase $1,001 - $15,000
Nov 08, 2023 Oct 31, 2023 -43.07%
Congress pfp
Greg Stanton D / House
UNP logo
UNP UNION PACIFIC CORPORATION
Sale $1,001 - $15,000
Nov 09, 2023 Oct 24, 2023 -40.03%
Congress pfp
Tommy Tuberville R / Senate
UNP logo
UNP Union Pacific Corporation Common Stock
Sale (Full) $1,001 - $15,000
Nov 16, 2023 Oct 17, 2023 -38.84%
Congress pfp
Markwayne Mullin R / Senate
UNP logo
UNP Union Pacific Corp
Purchase $1,001 - $15,000
Nov 01, 2023 Oct 03, 2023 -39.85%
Congress pfp
Ro Khanna D / House
UNP logo
UNP UNION PACIFIC CORP. CMN
Purchase $1,001 - $15,000
Nov 08, 2023 Oct 02, 2023 -37.26%
Congress pfp
Michael T. McCaul R / House
GE logo
GE GENERAL ELECTRIC CO
Sale $50,001 - $100,000
Nov 13, 2023 Sep 28, 2023 +155.29%
Congress pfp
Michael T. McCaul R / House
GE logo
GE GENERAL ELECTRIC CO
Sale $50,001 - $100,000
Nov 13, 2023 Sep 28, 2023 +155.29%
Congress pfp
Greg Stanton D / House
UNP logo
UNP UNION PACIFIC CORPORATION
Purchase $1,001 - $15,000
Nov 09, 2023 Sep 26, 2023 -38.39%
Congress pfp
Pete Ricketts R / Senate
UNP logo
UNP Union Pacific Corporation Common Stock
Sale (Full) $100,001 - $250,000
Oct 20, 2023 Sep 21, 2023 -39.82%
Congress pfp
Ro Khanna D / House
UNP logo
UNP UNION PACIFIC CORP, CMN
Purchase $1,001 - $15,000
Oct 06, 2023 Sep 13, 2023 -35.83%
Congress pfp
John R. Curtis R / House
UNP logo
UNP UNION PACIFIC CORPORATION
Sale $1,001 - $15,000
Oct 04, 2023 Sep 13, 2023 -35.83%
Congress pfp
Markwayne Mullin R / Senate
UNP logo
UNP Union Pacific Corporation Common Stock
Purchase $15,001 - $50,000
Oct 12, 2023 Sep 13, 2023 -35.83%
Congress pfp
Lois Frankel D / House
UNP logo
UNP UNION PACIFIC CORPORATION
Sale $1,001 - $15,000
Oct 10, 2023 Sep 08, 2023 -36.00%
Congress pfp
Michael T. McCaul R / House
GE logo
GE GENERAL ELECTRIC CO
Sale $50,001 - $100,000
Sep 14, 2023 Aug 23, 2023 +157.04%
Congress pfp
Michael T. McCaul R / House
GE logo
GE GENERAL ELECTRIC CO
Sale $50,001 - $100,000
Sep 14, 2023 Aug 23, 2023 +157.04%
Congress pfp
Michael T. McCaul R / House
GE logo
GE GENERAL ELECTRIC CO
Sale $50,001 - $100,000
Sep 14, 2023 Aug 22, 2023 +160.35%
Congress pfp
Michael T. McCaul R / House
GE logo
GE GENERAL ELECTRIC CO
Sale $15,001 - $50,000
Sep 14, 2023 Aug 22, 2023 +160.35%
Congress pfp
Robert J. Wittman R / House
UNP logo
UNP UNION PACIFIC CORPORATION
Sale $1,001 - $15,000
Sep 30, 2023 Jul 27, 2023 -42.90%