News

Hearing Held on Privatizing Rail Service

On Wednesday, the Transportation and Infrastructure Committee held a hearing on a draft bill that would improve the nation’s intercity passenger rail system by leveraging private sector investment and increase competition along the Northeast Corridor. The bill has the potential to create new jobs in rail construction, operation, and station-related development. The bill would separate the Northeast Corridor from Amtrak-owned to a private entity to operate and upgrade passenger rail service under a public-private partnership.  The bill would also open competition for a number of intercity passenger rail services on state-supported routes as well as long-distance routes. The Chairman of the Committee, John Mica (R-Fla.) plans to include it as part of the surface transportation reauthorization bill.  AGC will continue to analyze the impact of the bill on our members and report any new developments. For more information, please contact Sean O’Neill at (202) 547-8892 or oneills@agc.org.