(1)
A corridor planning activity is eligible for financial assistance under subsection (a) if the Secretary determines that it is necessary to establish appropriate engineering, operational, financial, environmental, or socioeconomic projections for the establishment of high-speed rail service in the corridor and that it leads toward development of a prudent financial and institutional plan for implementation of specific high-speed rail improvements, or if it is an activity described in subparagraph (M). Eligible corridor planning activities include—
(A)
environmental assessments;
(B)
feasibility studies emphasizing commercial technology improvements or applications;
(C)
economic analyses, including ridership, revenue, and operating expense forecasting;
(D)
assessing the impact on rail employment of developing high-speed rail corridors;
(E)
assessing community economic impacts;
(F)
coordination with State and metropolitan area transportation planning and corridor planning with other States;
(G)
operational planning;
(H)
route selection analyses and purchase of rights-of-way for proposed high-speed rail service;
(I)
preliminary engineering and design;
(J)
identification of specific improvements to a corridor, including electrification, line straightening and other right-of-way improvements, bridge rehabilitation and replacement, use of advanced locomotives and rolling stock, ticketing, coordination with other modes of transportation, parking and other means of passenger access, track, signal, station, and other capital work, and use of intermodal terminals;
(K)
preparation of financing plans and prospectuses;
(L)
creation of public/private partnerships; and
(M)
the acquisition of locomotives, rolling stock, track, and signal equipment.
(2)
No financial assistance shall be provided under this section for corridor planning with respect to the main line of the Northeast Corridor, between Washington, District of Columbia, and Boston, Massachusetts.