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Senate committee advances bill to develop passenger rail lines


WASHINGTON — The Senate Committee on Commerce, Science and Transportation voted to pass the Surface Transportation Investment Act, which includes a bipartisan bill that U.S. Sens. Maggie Hassan (D-N.H.) and John Thune (R-S.D.) introduced to improve a loan program used to help develop passenger and short line railroads in New Hampshire and across the country.
The bipartisan legislation would streamline the Railroad Rehabilitation and Improvement Financing Loan program application process, making it easier for businesses and communities to apply, while also making the program more flexible to better support a wider range of local transportation projects.
The loan could be used to help finance projects like the Capitol Corridor Project that would connect Manchester and Nashua to Boston via passenger rail. ....

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Hassan reintroduces passenger rail bill to help loan program


Hassan reintroduces passenger rail bill to help loan program
February 28, 2021 GMT
CONCORD, N.H. (AP) U.S. Sen. Maggie Hassan of New Hampshire has reintroduced a bill to help develop passenger and short line railroads.
The bill, which Hassan, a Democrat, reintroduced Friday with Republican Sen. John Thune, of South Dakota, would make it easier for businesses and communities to apply for a loan program that could help finance projects like the Capitol Corridor Project that would connect Manchester and Nashua to Boston via commuter rail.
“Infrastructure investments will be a critical part of our economic recovery from the COVID-19 pandemic,” Hassan said in a statement. “Passenger rail has significant potential in New Hampshire, expanding options for commuters and helping our towns to thrive, and short line and smaller rail lines play a key role in our state’s economy. This bipartisan bill will improve financing options for both,” she said. ....

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