Modal Parity in Permitting Act allows rail project recipients to acquire real property before environmental review completion.

The Modal Parity in Permitting Act amends title 49 of the United States Code to allow recipients of financial assistance for rail projects to acquire real property interests before completing environmental reviews, provided the acquisition is permitted by federal law. The acquired property cannot be developed until all required environmental reviews are completed. The Federal Transit Administration must update relevant guidance within six months of the Act's enactment.

Modal Parity in Permitting Act allows rail project recipients to acquire real property before environmental review completion.

The Modal Parity in Permitting Act amends title 49 of the United States Code to allow recipients of financial assistance for rail projects to acquire real property interests before completing environmental reviews, provided the acquisition is permitted by federal law. The acquired property cannot be developed until all required environmental reviews are completed. The Federal Transit Administration must update relevant guidance within six months of the Act's enactment.