APTA Webinar with Congressional Rail Staff– Overview of the FAST Act January 21, 2016

APTA Webinar on FAST Act Welcome! Rob Healy Vice President - Government Affairs APTA

Questions? Submit via GoToWebinar Or send an email to webinarquestions@apta.com - (This is a temporary email for only this week) We will do our best to answer as many questions as we can at the end of the webinar

Congressional Transportation Staff Fred Miller House Committee on Transportation & Infrastructure (Republican staff) Patrick Fuchs U.S. Senate Committee on Commerce, Science, and Transportation (Republican staff) Matt Kelly U.S. Senate Committee on Commerce, Science, and Transportation (Democratic staff)

FAST Act Timeline 3/4/2015 – House passes PRRIA 6/25/2015 – Senate Commerce Committee reports out R2E2 7/30/2015 – Senate passes DRIVE Act with passenger rail title 11/5/2015 – House passes STRR Act 12/1/2015 – House-Senate Conference reports out FAST Act 12/4/2015 – President Obama signs FAST Act

Highways, Transit and Rail $280 billion (HTF) FAST Act Overview Long-term Bill, 5 Years Fully Funded Highways, Transit and Rail $280 billion (HTF) $305 billion including General Fund Authorizations

Rail Title Amtrak Grants Grants for Amtrak authorized at $1.45 billion in FY2016 and rise to $1.8 billion in FY2020 Amtrak National Network FY2016 $1 billion Northeast Corridor (NEC) FY2016 $450 million All funding in the bill is subject to annual appropriations, but still a significant increase over current law

Rail Title State Grant Programs A total of $2.2 billion is authorized over five years for rail funding in the FAST Act through three primary, general-funded, programs. Federal-State Partnership for State of Good Repair $997 million Consolidated Rail Infrastructure and Safety Improvements $1.1 billion. Restoration and Enhancement Grants $20 million per year from FY2016 - 2020 for operating assistance to initiate, restore, or enhance intercity passenger rail service.

Amtrak Reforms Accounts 5-year business line and asset plans State-supported route committee Right-of-way leveraging Station development

Passenger Rail Policy NEC provisions Competition NEC commission Through-ticketing and procurement Competition Shared Use Study – calls for closer review of insurance/liability issues for passenger/commuter railroads

Liability Issues Increases the liability cap for Amtrak from $200 million to $295 million Application to commuter railroads may vary Applies the increase retroactively to the Philadelphia Amtrak accident

Questions? Submit via GoToWebinar Or send an email to webinarquestions@apta.com - (This is a temporary email for only this week) We will do our best to answer as many questions as we can at the end of the webinar

Safety Provisions Significant Safety Title to the bill Requires speed limit action plans to address automatic train control modifications, crew communication, and other speed enforcement issues Requires states to draft grade crossing action plans to facilitate and improve state grade crossing safety efforts Addresses other important safety issues such as signal protection, signage, alerters, recording devices and track inspection

Safety Provisions (PTC) Positive Train Control (PTC) provisions Deadline extended in previous legislation FAST Act clarification on implementation plans Progress reports Early adoption and interoperability PTC at grade crossings effectiveness study $199 Million one-time authorization from the Mass Transit Account for commuter installation in FY2017

Financing RRIF reform to make program more accessible Eligibilities Priority projects Credit risk premium changes Credit worthiness Master credit agreements Transit oriented development Loan terms/repayment

Project Delivery Treatment of improvements to rail under historic preservation requirements Railroad rights-of-way Protections for existing agreements and NEPA

Questions? Submit via GoToWebinar Or send an email to webinarquestions@apta.com - (This is a temporary email for only this week) We will do our best to answer as many questions as we can at the end of the webinar