Page:United States Statutes at Large Volume 122.djvu/4986

 12 2 STA T .4963PUBLIC LA W 11 0– 432 —O CT. 16 , 200 8bytheS e cr et a ryt o ha v e m et the re qui reme n t s o fp ara g raph (2) ( A )(i) of this subsection .‘ ‘(f) FED E RAL S H ARE. —T he Fe d era l share of the cost of a pro j ect financed under this section shall not e x ceed 80 percent of the project net capital cost. ‘‘(g) IS S U A NC E OFR E G ULA TI ONS.— W ithin 1 year after the date of enactment of this section , the Secretary shall issue regulations to carry out this section. ‘‘(h) AUTHORI Z ATION OF A P PROPRIATIONS.—There are authori z ed to be appropriated to the Secretary to carry out this section— ‘‘(1) $ 1 5 0,000,000 for fiscal year 200 9; ‘‘(2) $ 3 00,000,000 for fiscal year 2010; ‘‘(3) $350,000,000 for fiscal year 2011; ‘‘( 4 ) $350,000,000 for fiscal year 2012; and ‘‘(5) $350,000,000 for fiscal year 2013. ’ ’. (e) TA B LE OF SECTIONS A M ENDMENT.—The table of sections for chapter 2 6 1 is amended by adding after the item relating to section 26105 the follo w ing new item

‘ 2610 6 .High-spe e dra i lco rridor de v elop m e nt . ’ ’. SEC.502 . AD D IT I ON A LH I G H - S P EED R AIL PRO J ECTS. (a) SOLICITATION OF P ROPOSALS.— (1) IN GENERAL.— N ot later than 60 days after the date of enactment of this Act, the Secretary shall issue a request for proposals for projects for the financing, design, construction, operation, and maintenance of a high - speed intercity passenger rail system operating within a high-speed rail corridor, including— (A) the Northeast C orridor; ( B ) the California Corridor; (C) the E mpire Corridor; ( D ) the Pacific Northwest Corridor; (E) the South Central Corridor; (F) the G ulf Coast Corridor; (G) the Chicago H ub Networ k (H) the Florida Corridor; (I) the K eystone Corridor; ( J ) the Northern New England Corridor; and (K) the Southeast Corridor. (2) SUBMISSION.—Proposals shall be submitted to the Sec- retary not later than 2 7 0 days after the publication of such request for proposals under paragraph (1). (3) PERFORMANCE STANDARD.—Proposals submitted under paragraph (2) must meet any standards established by the Secretary. For corridors with existing intercity passenger rail service, proposals shall also be designed to achieve a reduction of existing minimum intercity rail service trip times between the main corridor city pairs by a minimum of 25 percent. In the case of a proposal submitted with respect to paragraph (1)(A), the proposal must be designed to achieve a 2-hour or less express service between Washington, District of Columbia, and New Y ork City, New York. (4) CONTENTS.—A proposal submitted under this subsection shall include— (A) the names and qualifications of the persons submit- ting the proposal and the entities proposed to finance, Deadlin e . Deadline. 49USC2610 6 n ot e. Deadline.

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