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2/22/2021
U.S. Rep. Jim Costa (D-Calif.) has reintroduced legislation that would provide $32 billion to fund projects in federally designated high-speed rail corridors.
The bill's funding would help complete a high-speed rail project connecting San Francisco to Los Angeles via the San Joaquin Valley, Costa said in a press release.
The High-Speed Rail Corridor Development Act is a reauthorization of the High-Speed Rail Corridor Development Program and would build on the Passenger Rail Investment and Improvement Act of 2008 and the American Recovery and Reinvestment Act of 2009.
The bill would authorize $32 billion through 2025 for the High-Speed Rail Corridor Investment program, and authorize the U.S. secretary of transportation to award grants for projects that are part of a state rail plan, encourage intermodal connectivity and provide environmental benefits.