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March 31, 2022

FY23 General and Legislative Annual Report

With the recent enactment of the Infrastructure Investment & Jobs Act (IIJA), Amtrak is about to begin a new era. We are now working with the USDOT, our state partners, and other stakeholders to transform and grow intercity passenger rail across the nation, and the historic level of IIJA capital investment will help us achieve this goal. However, there are limits on how and when IIJA-provided funds can be used. If Amtrak is to accomplish what Congress intends, an adequate annual appropriation is more important than ever. As the lingering effects of the COVID-19 pandemic continue to affect revenue and ridership, robust FY 2023 grant funding is needed to enable Amtrak to continue operating our Long-Distance trains, which link communities across the nation; to continue partnering with states to provide short-distance corridor service; and to continue normalized replacement (necessary maintenance and sustainment) of aged assets on the Northeast Corridor (NEC). Therefore, consistent with the funding levels that Congress authorized in the IIJA, Amtrak is requesting $3.3 billion in annual grant funding for FY 2023.

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