S.3749 - Freight Rail Infrastructure Capacity Expansion Act of 2010
A bill 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. view all titles (2)
All Bill Titles
- Official: A bill 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. as introduced.
- Short: Freight Rail Infrastructure Capacity Expansion Act of 2010 as introduced.
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Committees
Official Summary
8/5/2010--Introduced.Freight Rail Infrastructure Capacity Expansion Act of 2010 - 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) a taxpayer election to expenseOfficial Summary
8/5/2010--Introduced.Freight Rail Infrastructure Capacity Expansion Act of 2010 - 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) a taxpayer election to expense the cost of qualified freight rail infrastructure property (i.e., deduct all costs in the current taxable year). Terminates such credit and expensing election after 2015.
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Organizations Supporting S.3749
- Brotherhood of Locomotive Engineers and Trainmen
- Association of American Railroads
Organizations Opposing S.3749
- None via MapLight at this time.
Recent News Coverage
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Recent Blog Coverage
España transporta sus mercancías en trenes de diez vagones a 15 ...
6, 2010 – The Association of American Railroads (AAR) today praised the introduction of the Freight Rail Infrastructure Capacity Expansion Act of 2010 (S.3749) by Senators Kent Conrad (D-N.D.) and John Ensign (R-Nev.). ...
Progressive Railroading | Freight-rail capacity expansion bill ...
introduced the Freight Rail Infrastructure Capacity Expansion Act of 2010 (S. 3749), which aims to encourage private capital investments in freight rail and help expand rail capacity. A companion bill to H.R. 1806 — a measure introduced ...
S. 3749: A bill to amend the Internal Revenue Code of 1986 to ...
A bill in the US Congress: A bill 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.

U.S. Congress - S.3749 Freight Rail Infrastructure Capacity Expansion Act of 2010



