High Speed Rail Corridor Development Act of 2020

House Bill 5805 - High Speed Rail Corridor Development Act of 2020: Overview, Status, and Impact

Hozzl · 2022-02-09T03:26:26Z

Explore the details of House Bill 5805 High Speed Rail Corridor Development Act of 2020 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Transportation and Public Works. Stay informed on legislative developments.

2/9/2022, 3:26 AM

Congressional Summary of HR 5805

High Speed Rail Corridor Development Act of 2020

This bill revises and reauthorizes through FY2024 the high-speed rail corridor development competitive grant program of the Department of Transportation (DOT).

In awarding grants, the bill requires DOT to prioritize (1) projects that involve the purchase of electrified next generation passenger rail equipment, and (2) applications for projects that provide for a greater non-federal share of the cost of such projects.

DOT must also for each fiscal year set aside 50% of funds for projects with a federal share that does not exceed 50% of the project net capital cost.

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Current Status of Bill HR 5805

Bill HR 5805 is currently in the status of Bill Introduced since February 7, 2020. Bill HR 5805 was introduced during Congress 116 and was introduced to the House on February 7, 2020. Bill HR 5805's most recent activity was Referred to the House Committee on Transportation and Infrastructure. as of February 7, 2020