summary
Introduced
02/16/2017
02/16/2017
In Committee
02/16/2017
02/16/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
115th Congress
Bill Summary
Building Rail Access for Customers and the Economy Act This bill amends the Internal Revenue Code to make permanent the tax credit for railroad track maintenance.
AI Summary
This bill amends the Internal Revenue Code to make permanent the tax credit for railroad track maintenance. The railroad track maintenance credit is a tax credit that allows railroad companies to claim a credit for qualified expenditures on railroad track infrastructure. This bill removes the previous expiration date of January 1, 2017, effectively making the credit a permanent feature of the tax code.
Committee Categories
Budget and Finance
Sponsors (57)
Mike Crapo (R)*,
Tammy Baldwin (D),
Michael Bennet (D),
Richard Blumenthal (D),
Roy Blunt (R),
John Boozman (R),
Sherrod Brown (D),
Maria Cantwell (D),
Ben Cardin (D),
Bob Casey (D),
Thad Cochran (R),
Susan Collins (R),
Chris Coons (D),
Steve Daines (R),
Joe Donnelly (D),
Tammy Duckworth (D),
Dianne Feinstein (D),
Deb Fischer (R),
Al Franken (D),
Cory Gardner (R),
Kirsten Gillibrand (D),
Lindsey Graham (R),
Kamala Harris (D),
Maggie Hassan (D),
Martin Heinrich (D),
Heidi Heitkamp (D),
Dean Heller (R),
John Hoeven (R),
James Inhofe (R),
Johnny Isakson (R),
Angus King (I),
Amy Klobuchar (D),
Patrick Leahy (D),
Ed Markey (D),
Jeff Merkley (D),
Jerry Moran (R),
Lisa Murkowski (R),
Chris Murphy (D),
Patty Murray (D),
Bill Nelson (D),
Rand Paul (R),
Gary Peters (D),
Jim Risch (R),
Pat Roberts (R),
Mike Rounds (R),
Chuck Schumer (D),
Jeanne Shaheen (D),
Tina Smith (D),
Debbie Stabenow (D),
Dan Sullivan (R),
Jon Tester (D),
John Thune (R),
Tom Udall (D),
Chris Van Hollen (D),
Elizabeth Warren (D),
Roger Wicker (R),
Ron Wyden (D),
Last Action
Read twice and referred to the Committee on Finance. (on 02/16/2017)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/115th-congress/senate-bill/407/all-info |
| BillText | https://www.congress.gov/115/bills/s407/BILLS-115s407is.pdf |
| Bill | https://www.congress.gov/115/bills/s407/BILLS-115s407is.pdf.pdf |
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