Modal Parity in Permitting Act clarifies assistance for acquiring real property interests for passenger rail projects.

The Modal Parity in Permitting Act amends title 49, United States Code, to clarify that recipients of financial assistance for passenger rail projects can use such assistance to acquire real property interests before or during environmental reviews. The bill updates relevant regulations and guidance to reflect these changes, ensuring that real property interests cannot be physically developed until all required environmental reviews are completed.

Modal Parity in Permitting Act clarifies assistance for acquiring real property interests for passenger rail projects.

The Modal Parity in Permitting Act amends title 49, United States Code, to clarify that recipients of financial assistance for passenger rail projects can use such assistance to acquire real property interests before or during environmental reviews. The bill updates relevant regulations and guidance to reflect these changes, ensuring that real property interests cannot be physically developed until all required environmental reviews are completed.