1. Short title This Act may be cited as the Short Line Railroad Relief Act . 2. Short line railroad emergency relief program (a) General authority The Secretary of Transportation, in consultation with the Administrator of the Federal Railroad Administration, may make grants or enter into contracts and other agreements (including agreements with departments, agencies, and instrumentalities of the Federal, State, or local government) for capital projects to protect, repair, reconstruct, or replace short line railroad equipment and facilities that the Secretary determines is in danger of suffering catastrophic damage, or has suffered catastrophic damage, as a result of an emergency. (b) Terms In making grants under subsection (a), the Secretary may make grants on a reimbursable basis or advance funding basis. (c) Coordination of emergency funds Funds appropriated to carry out this section shall be in addition to any other funds available and shall not affect the ability of any other agency of the Government, a State agency, a local governmental entity or organization, or person to provide any other funds otherwise authorized by law, except that no person, business concern, or other entity shall receive assistance with respect to any part of a loss as to which such person, business concern, or other entity has received financial assistance under any other program or from insurance or any other source. (d) Grant requirements (1) In general A grant awarded under this section that is made to address an emergency shall be subject to the terms and conditions the Secretary determines are necessary. (2) Oversight funds The Secretary may retain up to one-half of 1 percent of the funds appropriated under this section to fund the costs of project management oversight by the Administrator of the Federal Railroad Administration. (3) Application of law The provisions of section 24312 of title 49, United States Code, shall apply to entities receiving a grant under this section. (e) Government share of costs (1) In general A