Texas HB4662 establishes grants for shortline rail improvement projects.

HB4662 amends the Texas Transportation Code to create grants for shortline rail improvement projects. These grants can be used for track or bridge replacement, rail capacity improvement, or rail restoration. To be eligible, projects must increase public safety, enhance economic development, or reduce traffic congestion on public roadways. The Texas Department of Transportation may provide grants to rural rail transportation districts or shortline railroads, but only if at least 10 percent of the total project cost or matching funds come from sources other than the state.

Texas HB4662 establishes grants for shortline rail improvement projects.

HB4662 amends the Texas Transportation Code to create grants for shortline rail improvement projects. These grants can be used for track or bridge replacement, rail capacity improvement, or rail restoration. To be eligible, projects must increase public safety, enhance economic development, or reduce traffic congestion on public roadways. The Texas Department of Transportation may provide grants to rural rail transportation districts or shortline railroads, but only if at least 10 percent of the total project cost or matching funds come from sources other than the state.