Finds that there are insufficient resources for public or privately owned rail systems to adequately address rail infrastructure needs. Rail material that can be used for priority rail projects either sits idle, is sold for scrap, or is shipped out of state.

Finds that where rail-related operations or facilities benefit or have benefited from public investment through grants, loans, tax relief, or partnerships with local, state, or federal governments or port districts, there is a public interest in ensuring that available rail and crossing materials be retained and reused to modify or improve existing rail facilities.