Bill 118 hr 10382, also known as the Amtrak Grant Flexibility Act, aims to amend title 49 of the United States Code to allow Amtrak to use grant funds to meet the non-Federal share requirements of certain grant programs. This means that Amtrak, the national passenger railroad service, would be able to use grant money to fulfill its financial obligations for specific grant programs, rather than having to come up with the required non-Federal share from its own funds.
The bill is designed to provide Amtrak with more flexibility in how it uses grant funds, ultimately helping the organization to better meet its financial obligations and improve its services. By allowing Amtrak to use grant money to satisfy non-Federal share requirements, the bill aims to support the continued operation and growth of the passenger railroad service.
In addition to allowing Amtrak to use grant funds for non-Federal share requirements, the bill also includes provisions for other purposes related to grant funding for the organization. Overall, the Amtrak Grant Flexibility Act seeks to streamline the grant process for Amtrak and provide the organization with more financial flexibility to support its operations and services.