This bill mandates the Department of Transportation to issue a request for proposals (RFP) for the use of the Conway Branch rail line as an operational railroad, targeting both common and private carriers. The RFP is to be issued by October 1, 2025, with the department tasked to evaluate the costs and income associated with potential rail removal for recreational use. Additionally, the department is encouraged to seek funding for trail improvements through private donations, grants, or the sale of existing steel rails. Findings and recommendations from this initiative are to be shared with relevant stakeholders, including the governor and local towns, by January 2, 2026.

Furthermore, the bill establishes a study committee to explore the future of railroads in New Hampshire, comprising four members from the House of Representatives and two from the Senate, with provisions for mileage compensation. The committee is required to convene within 45 days of the bill's effective date and will report its findings and legislative recommendations by November 1, 2025, with a final report due by November 1, 2026. The first section of the act will take effect on July 1, 2025, while the rest will take effect upon passage.