orulz |
Feb 17, 2009 9:21 PM |
There is no language in the bill allocating any HSR money to any particular project. In fact it turns out that Obama himself is the one who orchestrated the thrust to get the HSR money increased to $8 billion. If there was in fact some backdoor under the table agreement between Obama and Reid in which the toy maglev train from Las Vegas to Disney World will get the bulk of the HSR money, masquerading as a fair and merit-based program that is actually outlined in the text of the bill, then my faith in this country will drop to zero and I will set sail for foreign shores out of disgust.
As it is, I think that the story of the HSR money being thrown in as an earmark for the California-Vegas maglev was a story concocted by the Republicans to stir up outrage over the stimulus bill in general.
Here is what the bill calls for: - $8 billion
- Will be available until Sept 30, 2012
- A strategic plan for how the money will be released within 60 days
- A procedure for how the grants program will be operated and the guidance/criteria for applicants will be released within 120 days.
- Does not have to be used on projects that are already in a state's Rail Plan (this probably means that it does NOT have to be on one of the 11 designated HSR corridors)
- Does not require matching state funds (but presumably, the local commitment will play into the equation when evaluating the merit of a project)
Read the full text - the relevant section starts on page 237 of the PDF. Quoted here:
Quote:
17 FEDERAL RAILROAD ADMINISTRATION
18 CAPITAL ASSISTANCE FOR HIGH SPEED RAIL CORRIDORS
19 AND INTERCITY PASSENGER RAIL SERVICE
20 For an additional amount for section 501 of Public
21 Law 110-432 and discretionary grants to States to pay
22 for the cost of projects described in paragraphs (2)(A) and
23 (2)(B) of section 24401 of title 49, United States Code,
24 subsection (b) of section 24105 of such title,
25 $8,000,000,000, to remain available through September
1 30, 2012: Provided, That the Secretary of Transportation
2 shall give priority to projects that support the development
3 of intercity high speed rail service: Provided further, That
4 within 60 days of the enactment of this Act, the Secretary
5 shall submit to the House and Senate Committees on Ap-
6 propriations a strategic plan that describes how the Sec-
7 retary will use the funding provided under this heading
8 to improve and deploy high speed passenger rail systems:
9 Provided further, That vvithin 120 days of enactment of
10 this Act, the Secretary shall issue interim guidance to ap-
11 plicants covering grant terms, conditions, and procedures
12 until final regulations are issued: Provided further, That
13 such interim guidance shall provide separate instructions
14 for the high speed rail corridor program, capital assistance
15 for intercity passenger rail service grants, and congestion
16 grants: Provided further, That the Secretary shall waive
17 the requirement that a project conducted using funds pro-
18 vided under this heading be in a State rail plan developed
19 under chapter 227 of title 49, United States Code: Pro-
20 vided further, That the Federal share payable of the costs
21 for which a grant is made under this heading shall be,
22 at the option of the recipient, up to 100 percent: Provided
23 further, That projects conducted using funds provided
24 under tlus heading must comply with the requirements of
25 subchapter IV of chapter 31 of title 40, United States
1 Code: Provided jurther, That section 24405 of title 49,
2 United States Code, shall apply to funds provided under
3 this heading: Provided further, That the Administrator of
4 the Federal Railroad Administration may retain up to one-
5 quarter of 1 percent of the funds provided under this
6 heading to fund the award and oversight by the Adminis-
7 trator of grants made under this heading, and funds re-
8 tained for said purposes shall remain available through
9 September 30,2014.
|
|