HR 4515 · 101th Congress · Transportation and Public Works
High Speed Rail Transportation Policy and Development Act
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Placed on the Union Calendar, Calendar No. 499.(1990-10-03)
Plain Language Summary
[AI summary unavailable — showing source text]
High Speed Rail Transportation Policy and Development Act - Amends the Rail Safety and Service Improvement Act of 1982 to require the Administrator of the Federal Railroad Administration to submit to specified congressional committees a study of the commercial feasibility of constructing one or more high speed rail transportation systems in the United States. Authorizes appropriations. Directs the Administrator to establish a National High Speed Rail Transportation Policy to promote the design, construction, and operation of high speed rail transportation systems in the United States. Authorizes the Secretary of Transportation to guarantee loans made by a State or local government (including loans from a public employee pension fund) for the construction or purchase of related equipment and facilities to demonstrate the commercial and technical feasibility of high speed rail transportation technologies. Authorizes appropriations. Establishes a High Speed Rail Transportation Loan Guarantee Fund to be used to carry out such loan guarantee program.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (11)
8 Democrats3 Republicans