Jindal decides not to seek $300 million in federal money

BATON ROUGE, La. (AP) - Gov. Bobby Jindal is sticking with his decision not to seek $300 million in federal money for a high-speed rail line in south Louisiana.

Friday is the deadline for states to submit their application for the high-speed railroad part of the stimulus money. Jindal's aides say they're not applying because of concerns about costs. They said the state would incur an annual cost of $18 million to run the rail system once the proposed New Orleans-to-Baton Rouge system becomes operational.

But Jindal has agreed to create a committee to study the economic impact and long-term financing strategy for passenger service between the two cities.

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