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Description: On February 18, 2016, the California High–Speed Rail Authority (HSRA) released a draft of its 2016 business plan, as required by state law. The plan provides updated information on the project and proposes changes to the project’s construction plan. In this report, we (1) provide background information on the planned high–speed rail system, (2) describe the major changes proposed in the draft 2016 business plan to the project, and (3) identify issues for legislative consideration.