ABSTRACT

Public Transportation and Amtrak Funding in the CARES Act (P.L. 116-136) [March 30, 2020]   [open pdf - 531KB]

From the Document: "On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (CARES) Act (P.L. 116- 136) was signed into law. Included in the act is a $25 billion appropriation from the general fund of the U.S. Treasury for public transportation agencies and another $1 billion for Amtrak. This emergency funding would support agencies in the midst of an unprecedented decline in ridership due to the COVID-19 [coronavirus disease 2019] pandemic. For example, the Washington Area Metropolitan Transit Authority has reported that in late March 2020 its rail ridership is down about 90% on a daily basis compared with equivalent days a year earlier, and bus ridership is down about 70%. Amtrak's ridership is down about 90%."

Report Number:
CRS Insight, IN11293
Author:
Publisher:
Date:
2020-03-30
Series:
Copyright:
Public Domain
Retrieved From:
Congressional Research Service: https://crsreports.congress.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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