US HB272 | 2009-2010 | 111th Congress

Status

January 7 2009 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Freight Rail Infrastructure Capacity Expansion Act of 2009 - 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 2012.

Tracking Information

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Title

Freight Rail Infrastructure Capacity Expansion Act of 2009

Sponsors

Rep Nye, Glenn C.Rep Latham, TomRep Luetkemeyer, BlaineRep Miller, Candice S.
Rep Minnick, WalterRep Mollohan, Alan B.Rep Myrick, Sue WilkinsRep Rahall, Nick J., II
Rep Rehberg, DennyRep Lance, LeonardRep Jones, Walter B., Jr.Rep Castle, Michael N.
Rep Coble, HowardRep Ellsworth, BradRep Foxx, VirginiaRep Graves, Sam
Rep Guthrie, BrettRep Hoekstra, PeterRep Johnson, Timothy V.Rep Roe, David P.
Rep Ross, MikeRep Bachus, SpencerRep Cantor, EricRep Forbes, J. Randy
Rep Herger, WallyRep Lamborn, DougRep McHenry, Patrick T.Rep Pitts, Joseph R.
Rep Whitfield, EdRep Akin, W. ToddRep Westmoreland, Lynn A.Rep Shimkus, John
Rep Shuster, BillRep Smith, AdrianRep Souder, Mark E.Rep Thornberry, Mac
Rep Tiberi, Patrick J.Rep Turner, Michael R.Rep Wilson, JoeRep Carney, Christopher P.
Rep Burton, DanRep Brown, Henry E., Jr.Rep Davis, ArturRep DeFazio, Peter A.
Rep Meek, Kendrick B.Rep Miller, BradRep Murphy, Patrick J.Rep Nye, Glenn C., III
Rep Payne, Donald M.Rep Price, David E.Rep Cohen, SteveRep Clay, Wm. Lacy
Rep Matsui, Doris O.Rep McMahon, Michael E.Rep Space, Zachary T.Rep Boccieri, John A.
Rep Boswell, Leonard L.Rep Brady, Robert A.Rep Brown, CorrineRep Carnahan, Russ
Rep Richardson, LauraRep Sestak, JoeRep Wamp, ZachRep Boozman, John
Rep Calvert, KenRep Capito, Shelley MooreRep Davis, GeoffRep Miller, Gary G.
Rep Blunt, RoyRep Bonner, JoRep Smith, LamarRep Posey, Bill
Rep Sires, AlbioRep Shuler, HeathRep Blackburn, MarshaRep Brady, Kevin
Rep Conaway, K. MichaelRep Granger, KayRep Neugebauer, RandyRep Paul, Ron
Rep Spratt, John M., Jr.

History

DateChamberAction
2009-01-07 Referred to the House Committee on Ways and Means.

Same As/Similar To

HB1789 (Related) 2009-03-30 - Referred to the House Committee on Ways and Means.
HB1806 (Related) 2009-03-31 - Referred to the House Committee on Ways and Means.
SB3749 (Related) 2010-08-05 - Read twice and referred to the Committee on Finance.

Subjects


US Congress State Sources


Bill Comments

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