This bill mandates the Department of Transportation to issue a request for proposals (RFP) for the utilization of the Conway Branch rail line as an operational railroad. The RFP will be open to both common and private carriers, with a deadline for issuance set for October 1, 2025. Additionally, the rail division is tasked with evaluating the costs and income associated with the removal of rail and ties to create a safe surface for recreational use on the existing trackbed. The department is also required to seek funding for any necessary trail improvements through private donations, grants, or the sale of existing steel rails. Findings and recommendations from this process must be shared with the public by January 2, 2026.

Furthermore, the bill establishes a study committee to explore the future of railroads in New Hampshire. This committee will consist of four members from the House of Representatives and two members from the Senate, with specific appointments made by the respective leaders of each chamber. The committee is responsible for examining railroad prospects in the state and must report its findings and legislative recommendations by November 1, 2025, with a final report due by November 1, 2026. The effective date for the RFP section is set for July 1, 2025, while the rest of the act takes effect upon passage.