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S 4030 116th Congress Senate Transportation and Public Works Air quality Climate change and greenhouse gases Economic development Energy efficiency and conservation Railroads Transportation programs funding Transportation safety and security

BRAIN TRAIN Act

Introduced: June 22, 2020 Introduced by: Markey, Edward J. Democratic · Massachusetts See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 22, 2020
Read twice and referred to the Committee on Commerce, Science, and Transportation.
Jun 22, 2020
Introduced in Senate
 Plain-English summary Congressional Research Service

Building Rail Across Intercity Networks To Ride Around Interior of the Nation Act or the BRAIN TRAIN Act

This bill directs the Department of Transportation (DOT) to establish an intercity passenger rail service investment program to promote high-performance rail transportation options.

DOT may award competitive grants under the program to finance capital projects for high-performance rail, including grants awarded in installments for projects lasting longer than one year.

In awarding grants, DOT must select high-performance rail projects: (1) that are anticipated to result in significant improvements to intercity rail passenger service, (2) for which there is a high degree of confidence that the proposed project is feasible and will result in the anticipated benefits, and (3) for which the level of the anticipated benefits compares favorably to the amount of federal funding requested.

The federal share of the cost of a capital project shall not exceed 80% of the project's net capital cost.

What's happening now June 22, 2020

Read twice and referred to the Committee on Commerce, Science, and Transportation.

 Committees of jurisdiction 1