The second round of the New Stations Fund was announced in the Summer 2015 budget. Potential proposals noted in the budget was the extension of the Robin Hood railway line to Ollerton and Edwinstone and a new railway station between Castle Gary and Taunton.
On 26 August 2016, the Rail Minister announced that the second round of the New Stations Fund had opened. It would offer up to 75% towards the cost of construction of the railway station. The closing date for bids was 25 November 2016 with the results to be announced in early 2017.
A number of railway station bids for this funding have been announced or confirmed.
There are a number of railway stations where it is understood that a bid has been submitted but no confirmation has been identified.