Grant funds awarded under this section may be awarded for projects that span multiple years.
A grant made under this section may not be used to make any State or local government cost-sharing contribution under any other Federal law.
Each recipient of a grant under this section shall report annually to the Secretary on the use of grant funds.
Not later than 240 days after August 3, 2007, the Secretary shall provide a report to the appropriate congressional committees on the feasibility and appropriateness of requiring a non-Federal match for grants awarded to freight railroad carriers and other private entities under this section.
A recipient of a grant under this section and sections 1164 and 1165 of this title shall be required to comply with the standards of section 24312 of title 49, as in effect on January 1, 2007, with respect to the project in the same manner as Amtrak is required to comply with such standards for construction work financed under an agreement made under section 24308(a) of that title.