This bill clarifies and expands how public transit agencies can use federal funding to acquire land and property for transportation projects. Specifically, it amends federal law to allow transit agencies receiving federal assistance under various transit programs to purchase, lease, or otherwise secure real property interests before environmental reviews are fully completed, as long as the acquisition is otherwise permitted by law. The bill also prohibits physical development or improvement of acquired property until all required environmental reviews are finished. The Federal Transit Administration must update its guidance and regulations within six months of the bill's enactment to implement these changes. The legislation applies to recipients of federal transit assistance across multiple programs, including transit, commuter rail, and passenger rail projects.
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