C.F.R. » Title 49 » CHAPTER II—FEDERAL RAILROAD ADMINISTRATION, DEPARTMENT OF TRANSPORTATION › PART 260—REGULATIONS GOVERNING LOANS AND LOAN GUARANTEES UNDER THE RAILROAD REHABILITATION AND IMPROVEMENT FINANCING PROGRAM › Subpart A—Overview

49 C.F.R. § 260.5

Eligible purposes

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(a) Financial assistance under this part is available solely to:

(1) Acquire, improve, or rehabilitate intermodal or rail freight or passenger equipment or facilities, including track, components of track, bridges, yards, buildings, and shops;

(2) Refinance outstanding debt incurred for purposes described in paragraph (a)(1) of this section; or

(3) Develop or establish new intermodal or railroad facilities.

(b) Financial assistance under this part cannot be used for railroad operating expenses.

Notes of Decisions
Cited in 3 cases, 2015–2017 · leading case: Martin Cnty., Florida v. Dep't of Transp., 254 F. Supp. 3d 15 (D.D.C. 2017).
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Martin Cnty., Florida v. Dep't of Transp., 254 F. Supp. 3d 15 (D.D.C. 2017). “See 49 C.F.R. § 260.5 . Under NEPA, a federal agency is required to prepare an Environmental Impact Statement (“EIS”) and a Record of Decision before taking “major Federal action[] significantly affecting the quality of the human environment.”
Martin Cnty., Florida v. Dep't of Transp., 201 F. Supp. 3d 1 (D.D.C. 2016). “See 49 C.F.R. § 260.5 . RRIF loans are subject to NEPA review of the proposed project’s environmental effects.”
Martin Cnty., Florida v. Dep't of Transp., 110 F. Supp. 3d 59 (D.D.C. 2015). “49 C.F.R. § 260.5 . RRIF loans are subject to NEPA review of the proposed project’s environmental effects.”
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