Code Section 142(i)

 

Code Section	Effective Date	Name of Act	Name of Provision
142(i)	2/17/2009	The American Recovery and Reinvestment Act of 2009 (Public Law 111-5)	Modification to high-speed intercity rail facility bonds

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Modification to high-speed intercity rail facility bonds

Explanation of Provision

In General

The provision modifies the requirement that high-speed intercity rail transportation facilities use vehicles that are reasonably expected to operate at speeds in excess of 150 miles per hour. Instead, under the provision such facilities must use vehicles capable of attaining a maximum speed in excess of 150 miles per hour.

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