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The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress, and was published on Jul 29, 2015.
National Multimodal Freight Policy and Investment Act
This bill directs the Department of Transportation (DOT) to:
establish a national multimodal freight network, a national multimodal freight advisory committee, and a freight investment grant program; and develop a national multimodal freight strategic plan. Each state receiving a freight investment grant shall also develop a freight investment plan and establish a state freight advisory committee.
The bill establishes in DOT an Office of Freight Planning, Permitting, and Development.
DOT shall establish a competitive capital grant program to provide financial assistance to states, metropolitan planning organizations, regional or local transportation authorities, tribal governments, and other entities for:
shortline or regional railroad infrastructure improvement projects, and highway-rail vertical grade separation projects.
