This bill changes how federal transit and passenger rail grant recipients can handle property for projects. It updates wording in title 49 of the U.S. Code to replace the term "right-of-way" with "real property interests." The Federal Transit Administration (FTA) must update its Circular 5010.1F and any needed guidance within 6 months. The bill also adds a new section that lets recipients of financial assistance under chapters 229, 249, or 243 use funds to buy, lease, or otherwise secure real property interests before or during the project's environmental reviews if allowed by other federal law. However, the bill says the acquired property may not be physically developed or improved for the proposed project until all required environmental reviews are finished.
No publicly available information on costs or budget effects. The bill does require the FTA to update guidance within 6 months, but it does not include cost estimates in the text provided.
No publicly available information on proponents' stated reasons or expected benefits in the provided bill text or metadata.
No publicly available information on opponents' concerns or criticisms in the provided bill text or metadata.