This is a financing program for Amtrak's capital needs to upgrade the tracks for high- speed rail.
Fort Worth is the main Texas hub for transportation.
The federal government would provide tax credits to bondholders, removing from Amtrak the burden of paying interest. The money would pay for initial work to upgrade 11 designated high-speed rail corridors to carry passenger trains at speeds exceeding 90 mph. Affected states must kick in 20 percent of the cost. Two of the proposed lines are in Texas. Okla. Hutchison is the lead Republican on the bill and was joined by Sen. Joe Biden, D-Del.