1. Short title This Act may be cited as the American High-Speed Rail Act . 2. Amendments to certain high-speed rail assistance provisions (a) Applicability Amendments made by this Act, and the applications of such amendments to other persons or circumstances, to chapter 261 shall apply to any Federal assistance provided on or after the date of the enactment of this Act. (b) High-Speed rail corridor planning Section 26101 of title 49, United States Code, is amended— (1) in subsection (a)— (A) in paragraph (1), by striking or group of public agencies for corridor planning for up to 50 percent and inserting , a group of public agencies, or a consortium composed of a public agency or group of public agencies and a private entity, for corridor planning for up to 100 percent ; (B) in paragraph (2), by striking No less and all that follows through the period at the end and inserting The Secretary shall prioritize providing financial assistance for corridor planning activities with respect to which at least 20 percent of the total costs associated with eligible activities shall be from specified financial sources. ; and (C) by adding at the end the following: (3) In this subsection, the term specified financial source means— (A) the Railroad Rehabilitation and Improvement Finance program under chapter V of the Railroad Revitalization and Regulatory Reform Act of 1976 ( 45 U.S.C. 821 et seq. ); (B) the transportation infrastructure finance and innovation program in chapter 6 of title 23; (C) funding provided by the government of a country that is adjacent to the international border of the United States through which the proposed corridor will cross; (D) a State, local, or private source; or (E) any combination of the sources described in subparagraphs (A) through (D). (4) For any funds derived from the programs described in subparagraphs (A) and (B) of paragraph (3) that are used for costs associated with eligible activities, such funds shall be repaid from State, local, or private sources.