US Congress House Bill 2091 (Prior Session Legislation)

---

Spectrum: Partisan Bill (Democrat 13-0)
Status: Introduced on June 2 2011 - 25% progression, died in committee
Action: 2011-06-02 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Freight Rail Infrastructure Capacity Expansion Act of 2011 - 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 2016. Requires compliance with federal wage rate requirements under the Davis-Bacon Act as a condition of eligibility for the tax credit and expensing allowance provided by this Act.

Freight Rail Infrastructure Capacity Expansion Act of 2011

Rep. Leonard Boswell [D-IA]	Rep. Shelley Berkley [D-NV]	Rep. Mark Critz [D-PA]	Rep. Donna Edwards [D-MD]
Rep. Tim Holden [D-PA]	Rep. Eddie Johnson [D-TX]	Rep. Dale Kildee [D-MI]	Rep. David Loebsack [D-IA]
Rep. James McGovern [D-MA]	Rep. Brad Miller [D-NC]	Rep. David Price [D-NC]	Rep. Niki Tsongas [D-MA]
Rep. David Wu [D-OR]

Date	Chamber	Action
2011-06-02	House	Referred to the House Committee on Ways and Means.

Type	Source
Summary	https://www.congress.gov/bill/112th-congress/house-bill/2091/all-info
Text	https://www.congress.gov/112/bills/hr2091/BILLS-112hr2091ih.pdf