Freight Rail Infrastructure Capacity Expansion Act of 2007
To amend the Internal Revenue Code of 1986 to provide incentives to encourage investment in the expansion of freight rail infrastructure capacity and to enhance modal tax equity.
Other Bill Titles (2 more) 5/2/2007--Introduced.
Freight Rail Infrastructure Capacity Expansion Act of 2007 - Amends the Internal Revenue Code to allow:
(1) a tax credit for 25% of the cost of new qualified freight rail infrastructure property and qualified locomotive property; and
(2) ... moreSee Full Bill Text
Committees
Amendments
This bill has no amendments.
Bill Status
| Introduced | ![]() | Voted on by House | ![]() | Voted on by Senate | ![]() | Considered By President | ![]() | Bill Becomes Law |
| May 02, 2007 |
In the News
September 07, 2007 Taxpayers bearing the burden of railroad track repairs
By Virginia Davis A Guest Viewpoint by Kenneth May in which he asked the public to contact federal representatives to support HR 2116/S1125, ...
July 26, 2007 Rail freight capacity should be expanded
I urge you to support HR 2116/S. 1125. Please contact Senators Clinton and Schumer and your congressional representative and ask them to co-sponsor this ...
June 22, 2007 Freight rail bill offers potential for future infrastructure ...
And a piece of legislation introduced in May by Meek and Cantor—HR 2116, The Freight Rail Infrastructure Act of 2007—promises to let not only railroads, ...
Blog Coverage
April 24, 2008 Akhu Ikhtu: Deadly Flu Kits Around the World
Motion to suspend the Rules introduced by Stump, R-AZ, Bill introduced by Stearns, R-FL(Motion to suspend the rules agreed to 369-46 on 9/21/99)Bill Status: Bill Number: HR 2116 - 106th Congress (1999-2000)House Passage Vote: 09/21/1999 ...
Source: best texts
April 08, 2008 Rail, talk of trainsâ¦train of thought
After that visit I was pleased to blog in my entry titled âSupport for Railâ about the fact that âCongressman Baron Hill was the first member of the Indiana delegation to sign on as a co-sponsor to HR 2116-the Freight Railroad ...
Source: Pin the Tail
March 17, 2008 3/17/08
1125/HR 2116), said AAR President and CEO Edward Hamberger. The legislation would provide a 25 percent tax credit to any business investing in rail infrastructure improvements or expansions, including ethanol producers or gasoline ...
Source: The Fallston Flagstop








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