Back on Track Act

The Back on Track Act was designed to provide financial relief for the repair and reconstruction of railroad bridges damaged by the severe flooding that occurred in 2008. The bill proposed changes to federal loan programs to make it more affordable for rail companies to rebuild infrastructure in disaster areas by lowering interest rates and reducing required fees. Additionally, it sought to extend the maximum time allowed for loan repayment from 25 years to 35 years. For citizens, these measures were intended to speed up the restoration of vital transportation routes and supply chains in flood-impacted regions.