The FARE Act directs the chairman of the Surface Transportation Board to create an advisory committee focused on studying barriers to rail electrification and recommending ways to overcome them, including research and development needs. The committee will include representatives from passenger and freight railroads, electric utilities, equipment manufacturers, state governments, and relevant federal agencies to ensure diverse perspectives on the issue. The advisory committee must submit reports to Congress every two years beginning within two years of the law's enactment, providing updates on its findings and recommendations for advancing rail electrification. The committee will operate for ten years from the law's enactment before being dissolved. This legislation does not include direct federal funding amounts but establishes the framework for a coordinated federal effort to address technical and practical obstacles to electrifying the nation's rail network.
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