American High-Speed Rail Act
A BILL
To amend chapter 261 of title 49, United States Code, to provide for high-speed rail corridor development, and for other purposes.
Sec. 2 Amendments to certain high-speed rail assistance provisions
“(3) In this subsection, the term specified financial source means—
“(A) the Railroad Rehabilitation and Improvement Finance program under chapter V of the Railroad Revitalization and Regulatory Reform Act of 1976 (45 U.S.C. 821 et seq.);
“(B) the transportation infrastructure finance and innovation program in chapter 6 of title 23;
“(C) funding provided by the government of a country that is adjacent to the international border of the United States through which the proposed corridor will cross;
“(D) a State, local, or private source; or
“(E) any combination of the sources described in subparagraphs (A) through (D).
“(4) For any funds derived from the programs described in subparagraphs (A) and (B) of paragraph (3) that are used for costs associated with eligible activities, such funds shall be repaid from State, local, or private sources.”
“(14) impacts associated with equity, resilience, sustainability, economic development, and climate;
“(15) the potential to serve an eligible place, as such term is defined in section 41731; and”
“(d) Projects or activities for higher-Speed rail
“(1) In general—With respect to grants awarded under this section, the Secretary may award not more than 20 percent of grants under this section for projects or activities for higher-speed rail.
“(2) Relevant requirements—With respect to grants under paragraph (1), the Secretary may apply requirements for high-speed rail to projects or activities for higher-speed rail, where applicable.”
“(d) Factor To consider—In providing financial assistance to eligible recipients under subsection (b), the Secretary may consider activities that incorporate the use of technologies that facilitate intermodal connections and connections with other passenger rail systems.”
“(7) the term higher-speed rail—
“(A) means all forms of nonhighway ground transportation that run on rails or electromagnetic guideways providing transportation service which is—
“(i) reasonably expected to reach sustained speeds of more than 110 miles per hour but less than 186 miles per hour; and
“(ii) made available to members of the general public as passengers; and
“(B) does not include rapid transit operations within an urban area that are not connected to the general rail system of transportation.”
“(VII) impacts associated with equity, resilience, sustainability, economic development and climate;
“(VIII) ability to serve an eligible place, as such term is defined in section 41731; and”
“(B) The Secretary shall not establish mandatory spending timelines for costs and activities associated with the project.”
“(2) Non-Federal share
“(A) The Secretary shall prioritize financing capital projects in high-speed rail corridors with respect to which at least 20 percent of the project net capital cost is funded through specified financial sources.
“(B) In this section, the term specified financial source means—
“(i) the Railroad Rehabilitation and Improvement Finance program under chapter V of the Railroad Revitalization and Regulatory Reform Act of 1976 (45 U.S.C. 821 et seq.);
“(ii) the transportation infrastructure finance and innovation program in chapter 6 of title 23;
“(iii) funding provided by the government of a country that is adjacent to the international border of the United States through which the proposed corridor will cross;
“(iv) a State, local, or private source; or
“(v) any combination of the sources described in clauses (i) through (v).
“(C) For any funds derived from the programs described in clauses (i) or (ii) of subparagraph (B) that are used to finance costs associated with capital projects in high-speed rail corridors, such funds shall be repaid from State, local, or private sources.”
“(g) Presidential border permits—With respect to any project that requires construction, connection, operation, or maintenance, at the international boundaries of the United States, the Secretary of State shall provide the applicant of such project with the necessary Presidential permits required for such project, unless the Secretary of State determines that the provision of such permit would not be in the interest of national security.”
“(h) Projects or activities for higher-Speed rail
“(1) In general—With respect to grants awarded under this section, the Secretary may award not more than 20 percent of grants under this section for projects or activities for higher-speed rail.
“(2) Relevant requirements—With respect to grants under paragraph (1), the Secretary may apply requirements for high-speed rail to projects or activities for higher-speed rail, where applicable.”
“24203. Advance acquisition
“(a) Rail corridor preservation—The Secretary may allow a recipient of a grant under this part or part D of this subtitle for a passenger rail project to acquire right-of-way and adjacent real property interests before or during the completion of the environmental reviews for a project that may use such property interests if the acquisition is otherwise permitted under Federal law.
“(b) Certification—Before authorizing advance acquisition under this section, the Secretary shall verify that—
“(1) the recipient has authority to acquire the real property interest;
“(2) the acquisition of the real property interest—
“(A) is for a transportation purpose;
“(B) will not cause significant adverse environmental impact;
“(C) will not limit the choice of reasonable alternatives for the proposed project or otherwise influence the decision of the Secretary on any approval required for the project;
“(D) does not prevent the lead agency from making an impartial decision as to whether to accept an alternative that is being considered;
“(E) complies with other applicable Federal laws and regulations; and
“(F) will not result in elimination or reduction of benefits or assistance to a displaced person required by the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970 (42 U.S.C. 4601 et seq.) and title VI of the Civil Rights Act of 1964 (42 U.S.C. 2000d et seq.).
“(c) Environmental reviews
“(1) Completion of NEPA review—Before authorizing Federal funding for an acquisition of a real property interest, the Secretary shall complete all review processes otherwise required under the National Environmental Policy Act of 1969 (42 U.S.C. 4321 et seq.), section 4(f) of the Department of Transportation Act of 1966 (49 U.S.C. 303), and section 106 of the National Historic Preservation Act (16 U.S.C. 470f) with respect to the acquisition.
“(2) Timing of development acquisition—A real property interest acquired under subsection (a) may not be developed in anticipation of the proposed project until all required environmental reviews for the project have been completed.”
Sec. 3 Authorization of appropriations
“(a) High-Speed rail corridor planning—There is authorized to be appropriated to carry out section 26101 $3,000,000,000 for each of fiscal years 2024 through 2028.”
“(b) High-Speed rail technology improvements—There is authorized to be appropriated to carry out section 26102 $3,000,000,000 for each of fiscal years 2024 through 2028.
“(c) High-Speed rail corridor development—There is authorized to be appropriated to carry out section 26106 $35,000,000,000 for each of fiscal years 2024 through 2028.
“(d) Restriction—Not more than 20 percent of the total funds made available under sections 26101 and 26106 for a fiscal year may be spent on projects or activities for higher-speed passenger trains.”
Sec. 4 Pilot program for transit-oriented development planning
“(4) Special consideration—With respect to eligible projects involving high-speed rail corridor development, the Secretary shall give greater consideration to communities in which such projects are proposed to occur.
“(5) Authorizations of appropriations—There is authorized to be appropriated to carry out this subsection $20,000,000 for each of fiscal years 2024 through 2028.”
Sec. 5 Payments of credit risk premiums
“(8) Availability of grant amounts—Amounts provided under the heading “Office of the Secretary—National Infrastructure Investments” in the Department of Transportation Appropriations Act, 2016 (title I of division L of Public Law 114–113), the Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, 2018 (title I of division L of Public Law 115–141), or any subsequent appropriation Act may be used to pay credit risk premiums under this subsection.”
Sec. 6 Acquiring freight train right of way
“26107. Acquiring freight rail right-of-way
“(a) Sale of property—A rail carrier may sell, grant an easement on, or lease real property to a recipient of financial assistance under section 26101 or section 26106.
“(b) Grants for acquisition of additional real property along right-of-Way—In the case of a rail carrier that sells, grants an easement, or leases property under subsection (a) and that acquires additional real property along the portion of the right-of-way subject to such sale, grant, or lease, the Secretary of Transportation shall make one or more grants to such rail carrier which, in the aggregate, shall not exceed the aggregate amounts received by such rail carrier pursuant to such sale, grant, or lease.
“(c) Tax treatment
“(1) Exclusion of gain, etc—Any gain on the sale of any interest in real property described in subsection (a) (including the granting of an easement on such real property), or any payment made under any lease of such real property, shall not be includible in the gross income of such rail carrier for purposes of the Internal Revenue Code of 1986.
“(2) Exclusion of grant amounts—The amount of grant provided under subsection (b) shall not be includible in the gross income of the recipient of such grant for purposes of the Internal Revenue Code of 1986.
“(3) Exclusion of certain capital improvements—Any capital investment or improvement (including turnouts, passing track, signaling, crossings, and barriers) made pursuant to section 26101 or section 26106 by a recipient of financial assistance under such section on any real property owned by the rail carrier referred to in subsection (a) shall not be includible in the gross income of such rail carrier for purposes of the Internal Revenue Code of 1986.
“(d) Applicability of law—Section 28103 shall apply to property described in subsection (a).”
Sec. 7 Operators deemed rail carriers and employers
“(2) Covered person defined—In this subsection, the term covered person—
“(A) means—
“(i) a person that conducts passenger rail operations over rail infrastructure constructed or improved with funding provided in whole or in part in a grant made under this chapter; and
“(ii) a person that performs work for, or in support of, passenger rail operations that is work performed by employees in crafts and classes recognized under section 2 of the Railway Labor Act (45 U.S.C. 152);
“(B) does not include—
“(i) an employer engaged primarily in the building and construction industry (as such term is used in section 8(f) of the National Labor Relations Act (29 U.S.C. 158(f))) who is solely performing work as a contractor for a rail carrier;
“(ii) an employer solely performing work as a contractor or subcontractor for—
“(I) a railroad that owns, uses, or is contracted to perform work on, rail infrastructure constructed or improved with funding provided in whole or in part in a grant made under this chapter; or
“(II) an operator that uses such infrastructure,”