FARE Act

The FARE Act establishes a 10-year advisory committee to study barriers to rail electrification and recommend solutions. The committee, with balanced representation from passenger and freight railroads, utilities, manufacturers, and state/federal agencies, will research technical, financial, and regulatory challenges. It must submit biennial reports to Congress starting two years after the bill's enactment, detailing its findings and recommendations. The committee will terminate 10 years after the bill becomes law, with no direct impact on rail operations or funding.