Modal Parity in Permitting Act

(a) In general. Section 5323(q) of title 49, United States Code, is amended—

(1) in the heading, by striking Corridor preservation and inserting Real property interests;

(2) in paragraph (1)—

(A) by striking right-of-way each time it appears and inserting real property interests; and

(B) by inserting acquired after may use the; and

(3) in paragraph (2), by striking Right-of-way and inserting Real property interests.

(b) Updates required. Not later than 6 months after the date of enactment of this Act, the Administrator of the Federal Transit Administration shall update the FTA Circular 5010.1F (published on November 1, 2024), or any successor circular or regulations, and any other relevant guidance as necessary to implement the amendments made by subsection (a).