American High-Speed Rail Act

The American High-Speed Rail Act expands federal funding and streamlines regulations to support the development of high-speed and higher-speed rail projects across the United States. It authorizes billions of dollars in grants for corridor planning, technology improvements, and construction, while allowing the federal government to cover up to 100% of project costs under specific conditions. The bill also introduces new provisions to facilitate land acquisition, prioritize border projects, and extend labor protections to workers involved in federally funded rail infrastructure. Additionally, the legislation defines higher-speed rail as trains traveling between 110 and 186 miles per hour and includes tax incentives for rail carriers that sell or lease property to support these projects.