The No Frankenrail Act of 2024 would halt federal funding for high-speed rail projects that have been receiving money for at least ten years but have not yet completed even one mile of actual rail or guideway construction. The bill specifically targets projects like California's High-Speed Rail project, which has received $2.5 billion in federal funds since 2009, now costs an estimated $128 billion, and has no expected completion date despite not having built a single mile of track. The prohibition would remain in place until the Secretary of Transportation certifies to Congress that at least one mile of rail or electromagnetic guideway has been completed on the project. The bill applies to any high-speed rail project that began receiving federal funds more than ten years before the law's enactment. This legislation aims to prevent further federal spending on projects that have shown little progress despite substantial prior investment.
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