H.R. 2530 would authorize the Secretary of Transportation to make capital grants for certain freight rail economic development projects.
Detailed Summary
Freight Rail Economic Development Act of 2009 - Directs the Secretary of Transportation (DOT) to make capital grants to a class I, class II, or class III railroad or a state or local government for freight rail economic development projects, particularly projects to construct freight rail switches and sidings.
Prescribes prevailing wage rate requirements for such projects in accordance with the Davis-Bacon Act.
Status of the Legislation
Latest Major Action: 5/21/2009: Referred to House subcommittee. Status: Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.
Points in Favor
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Points Against
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