Expanding the Fast Track Act of 2026 lowers the cost estimate threshold for infrastructure projects to qualify for certain permitting processes.
Expanding the Fast Track Act of 2026 amends the Federal Infrastructure Permitting Streamlining Act (FAST Act) to reduce the cost estimate threshold for infrastructure projects to qualify for certain permitting processes. The bill modifies the FAST Act to lower the threshold from $200,000,000 to $50,000,000. This change aims to improve the permitting process for infrastructure projects, potentially expediting approvals and reducing administrative burdens. The amendments will take effect on January 1, 2027, or the date of enactment, whichever is later.