H.R.1584 - To amend the Internal Revenue Code of 1986 to extend and modify the railroad track maintenance credit.

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  • Official: To amend the Internal Revenue Code of 1986 to extend and modify the railroad track maintenance credit. as introduced.

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Introduced
 
House
Passes
 
Senate
Passes
 
President
Signs
 

 
03/19/07
 
 
 
 
 
 
 

Official Bill Text Comment on about 2 Pages

Sponsor

Earl Pomeroy

D-

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Official Summary

3/20/2007--Introduced.Amends the Internal Revenue Code to: (1) increase the allowable amount of the railroad track maintenance tax credit; (2) extend such credit through 2010; and (3) allow such credit against alternative minimum tax liabilities.
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Official Summary

3/20/2007--Introduced.
Amends the Internal Revenue Code to:
(1) increase the allowable amount of the railroad track maintenance tax credit;
(2) extend such credit through 2010; and
(3) allow such credit against alternative minimum tax liabilities.


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Recent Blog Coverage

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04/14/11
H.R.1584: To amend title 23, United States Code, to exempt ...

Or, if you know of a news article about this bill to display here, email us the web address of this page and the web address of your suggested news article: Our editorial team will post relevant links as quickly as possible. Thanks for helping to build pub

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12/07/08
Short Line Railroad Grassroots Updates: The day after...

We lost 33 cosponsors due to retirement and defeat, but still have 211 cosponsors of HR 1584 who will surely help us again in the 111th Congress. As for the Senate, we lost Elizabeth Dole, and are still waiting word on Coleman, ...

Source: Short Line Railroad Grassroots Updates
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06/03/08
NITL Supports Short Line Tax Credit

“The majority of these businesses are located in areas of the country that have no other rail service.” The proposed legislation (contained in House bill HR 1584 and Senate bill S 881) increases the credit cap to $4500 per mile. ...

Source: Logistics Today Breaking News
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