I received the following e-mail about federal passenger rail funding. I think the most important part from Columbus’ perspective is the $345 Million per year available for “Amtrak to finance facilities and infrastructure improvements” if the state can come up with 20% matching funds. I also like the attempt to leverage private investment from the freight railroads. Hat tip to Noozer, who posted this story on Columbus Underground yesterday.
Dear Supporters and Members,
House Resolution H.R. 6003, the Passenger Rail Investment and Improvement Act of 2008, was unveiled May 8 by members of the House Transportation & Infrastructure Committee, with a press conference demonstrating bipartisan support of Amtrak intercity passenger rail service.
The $14 billion, five-year reauthorization includes about $1.34 billion per year for Amtrak’s capital needs, along with $606 million per year for operations. Amtrak’s fiscal year 2008 capital budget was $565 million.
Posted in Rail X-ing | Tagged House Resolution 6003, HR 6003, Senate Bill 294 | No Comments »




