Page:United States Statutes at Large Volume 123.djvu/3076

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123STA T . 3 056PUBLIC LA W 111 – 11 7—DE C. 16 , 200 9RAIL R O A D R EH A B ILI T ATIO N AND I MP RO V EMENT F INAN C IN G PROGRAM TheS e cr e ta r yof Tra nsp ortat i onisa u thori z e d to issue to the Secretary of the Treasury notes or other o bl i g ations pursuant to section 512 of the R ailroad Re v italization and Regulatory Refor mA ctof1 976(P ublic L a w 9 4– 21 0), as amended, in such amounts and at such times as may be necessary to pay any amounts re q uired pursuant to the guarantee of the principal amount of obligations under sections 511 through 51 3 of such Act, such authority to e x ist as long as any such guaranteed obligation is outstanding

Provide

d, That pursuant to section 502 of such Act, as amended, no new direct loans or loan guarantee commitments shall be made using F ederal funds for the credit ris k premium during fiscal year 2010 . RAIL LINE RELOCATION AND IMPROVEMENT PROGRAM For necessary expenses of carrying out section 20154 of title 49, U nited States C ode, $ 34,532,000, to remain available until expended. RAILROAD S AFET Y TECHNOLOGY PROGRAM For necessary expenses of carrying out section 2015 8 of title 49, United States Code, $50,000,000, to remain available until expended: Provided, That to be eligible for assistance under this heading, an entity need not have developed plans required under subsection 20156(e)(2) of title 49, United States Code, and section 20157 of such title. CAPITAL ASSISTANCE FOR HIGH SPEED RAIL CORRIDORS AND INTERCITY PASSENGER RAIL SERVICE To enable the Secretary of Transportation to make grants for high - speed rail pro j ects as authorized under section 26106 of title 49, United States Code, capital investment grants to support inter- city passenger rail service as authorized under section 24406 of title 49, United States Code, and congestion grants as authorized under section 24105 of title 49, United States Code, and to enter into cooperative agreements for these purposes as authorized, $2,500,000,000, to remain available until expended: Provided, That $50,000,000 of funds provided under this paragraph are available to the Administrator of the Federal Railroad Administration to fund the award and oversight by the Administrator of grants and cooperative agreements for intercity and high-speed rail: Provided fu r th er, That up to $30,000,000 of the funds provided under this paragraph are available to the Administrator for the purposes of conducting research and demonstrating technologies supporting the development of high-speed rail in the United States, including the demonstration of next-generation rolling stock fleet technology and the implementation of the Rail Cooperative Research Program authorized by section 24910 of title 49, United States Code: Provided further, That up to $50,000,000 of the funds provided under this paragraph may be used for planning activities that lead directly to the development of a passenger rail corridor investment plan consistent with the requirements established by the Administrator or a state rail plan consistent with chapter 227 of title 49, United States Code: Provided further, That the Secretary may retain a Grants.