Here's what's included in the bill:
(a)
Northeast Corridor appropriation
In addition to amounts otherwise available, there is appropriated for fiscal year 2021, out of any money in the Treasury not otherwise appropriated, $820,388,160, to remain available until September 30, 2024, for grants as authorized under section 11101(a) of the FAST Act (
Public Law 114–94) to prevent, prepare for, and respond to coronavirus.
(b)
National Network appropriation
In addition to amounts otherwise available, there is appropriated for fiscal year 2021, out of any money in the Treasury not otherwise appropriated, $679,611,840, to remain available until September 30, 2024, for grants as authorized under section 11101(b) of the FAST Act (
Public Law 114–94) to prevent, prepare for, and respond to coronavirus.
(c)
Long-distance service restoration and employee recalls
Not less than $165,926,000 of the aggregate amounts made available under subsections (a) and (b) shall be for use by the National Railroad Passenger Corporation to—
(1)
restore, not later than 90 days after the date of enactment of this Act, the frequency of rail service on long-distance routes (as defined in
section 24102 of title 49, United States Code) that the National Railroad Passenger Corporation reduced the frequency of on or after July 1, 2020, and continue to operate such service at such frequency; and
(2)
recall and manage employees furloughed on or after October 1, 2020, as a result of efforts to prevent, prepare for, and respond to coronavirus.
(d)
Use of funds in lieu of capital payments
Not less than $109,805,000 of the aggregate amounts made available under subsections (a) and (b)—
(1)
shall be for use by the National Railroad Passenger Corporation in lieu of capital payments from States and commuter rail passenger transportation providers that are subject to the cost allocation policy under
section 24905(c) of title 49, United States Code; and
(2)
notwithstanding sections 24319(g) and 24905(c)(1)(A)(i) of title 49, United States Code, such amounts do not constitute cross-subsidization of commuter rail passenger transportation.
(e)
Use of funds for State payments for State-supported routes
(1)
In general
Of the amounts made available under subsection (b), $174,850,000 shall be for use by the National Railroad Passenger Corporation to offset amounts required to be paid by States for covered State-supported routes.
(2)
Funding share
The share of funding provided under paragraph (1) with respect to a covered State-supported route shall be distributed as follows:
(A)
Each covered State-supported route shall receive 7 percent of the costs allocated to the route in fiscal year 2019 under the cost allocation methodology adopted pursuant to section 209 of the Passenger Rail Investment and Improvement Act of 2008 (
Public Law 110–432).
(B)
Any remaining amounts after the distribution described in subparagraph (A) shall be apportioned to each covered State-supported route in proportion to the passenger revenue of such route and other revenue allocated to such route in fiscal year 2019 divided by the total passenger revenue and other revenue allocated to all covered State-supported routes in fiscal year 2019.
(3)
Covered State-supported route defined
In this subsection, the term covered State-supported route means a State-supported route, as such term is defined in
section 24102 of title 49, United States Code, but does not include a State-supported route for which service was terminated on or before February 1, 2020.
f)
Use of funds for debt repayment or prepayment
Not more than $100,885,000 of the aggregate amounts made available under subsections (a) and (b) shall be—
(1)
for the repayment or prepayment of debt incurred by the National Railroad Passenger Corporation under financing arrangements entered into prior to the date of enactment of this Act; and
(2)
to pay required reserves, costs, and fees related to such debt, including for loans from the Department of Transportation and loans that would otherwise have been paid from National Railroad Passenger Corporation revenues.
(g)
Project management oversight
Not more than $2,000,000 of the aggregate amounts made available under subsections (a) and (b) shall be for activities authorized under section 11101(c) of the FAST Act (
Public Law 114–94).