StacksVerified U.S. regulatory reference

49 CFR §260.5

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
  1. (a)Financial assistance under this part is available solely to:
    1. (1)Acquire, improve, or rehabilitate intermodal or rail freight or passenger equipment or facilities, including track, components of track, bridges, yards, buildings, and shops;
    2. (2)Refinance outstanding debt incurred for purposes described in paragraph (a)(1) of this section; or
    3. (3)Develop or establish new intermodal or railroad facilities.
  2. (b)Financial assistance under this part cannot be used for railroad operating expenses.