US HB272 | 2009-2010 | 111th Congress

Status

Sponsorship: Slight Partisan Bill (Republican 52-29)
Status: Introduced on January 7 2009 - 25% progression, died in committee
Action: 2009-01-07 - 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. Todd Akin [R-MO]Rep. Spencer Bachus [R-AL]Sen. Marsha Blackburn [R-TN]Sen. Roy Blunt [R-MO]
Rep. John Boccieri [D-OH]Rep. Jo Bonner [R-AL]Sen. John Boozman [R-AR]Rep. Leonard Boswell [D-IA]
Rep. Kevin Brady [R-TX]Rep. Robert Brady [D-PA]Rep. Corrine Brown [D-FL]Rep. Henry Brown [R-SC]
Rep. Dan Burton [R-IN]Rep. Ken Calvert [R-CA]Rep. Eric Cantor [R-VA]Sen. Shelley Capito [R-WV]
Rep. Russ Carnahan [D-MO]Rep. Christopher Carney [D-PA]Rep. Michael Castle [R-DE]Rep. Lacy Clay [D-MO]
Rep. Howard Coble [R-NC]Rep. Steve Cohen [D-TN]Rep. Michael Conaway [R-TX]Rep. Artur Davis [D-AL]
Rep. Geoff Davis [R-KY]Rep. Peter DeFazio [D-OR]Rep. Brad Ellsworth [D-IN]Rep. Randy Forbes [R-VA]
Rep. Virginia Foxx [R-NC]Rep. Kay Granger [R-TX]Rep. Sam Graves [R-MO]Rep. Brett Guthrie [R-KY]
Rep. Wally Herger [R-CA]Rep. Peter Hoekstra [R-MI]Rep. Timothy Johnson [R-IL]Rep. Walter Jones [R-NC]
Rep. Doug Lamborn [R-CO]Rep. Leonard Lance [R-NJ]Rep. Tom Latham [R-IA]Rep. Blaine Luetkemeyer [R-MO]
Rep. Doris Matsui [D-CA]Rep. Patrick McHenry [R-NC]Rep. Michael McMahon [D-NY]Rep. Kendrick Meek [D-FL]
Rep. Brad Miller [D-NC]Rep. Candice Miller [R-MI]Rep. Gary Miller [R-CA]Rep. Walter Minnick [D-ID]
Rep. Alan Mollohan [D-WV]Rep. Patrick Murphy [R-PA]Rep. Sue Myrick [R-NC]Rep. Randy Neugebauer [R-TX]
Rep. Glenn Nye [D-VA]Rep. Glenn Nye [D-VA]Rep. Ron Paul [R-TX]Rep. Donald Payne [D-NJ]
Rep. Joseph Pitts [R-PA]Rep. Bill Posey [R-FL]Rep. David Price [D-NC]Rep. Nick Rahall [D-WV]
Rep. Denny Rehberg [R-MT]Rep. Laura Richardson [D-CA]Rep. David Roe [R-TN]Rep. Mike Ross [D-AR]
Rep. Joe Sestak [D-PA]Rep. John Shimkus [R-IL]Rep. Heath Shuler [D-NC]Rep. Bill Shuster [R-PA]
Rep. Albio Sires [D-NJ]Rep. Adrian Smith [R-NE]Rep. Lamar Smith [R-TX]Rep. Mark Souder [R-IN]
Rep. Zachary Space [D-OH]Rep. John Spratt [D-SC]Rep. Mac Thornberry [R-TX]Rep. Patrick Tiberi [R-OH]
Rep. Michael Turner [R-OH]Rep. Zach Wamp [R-TN]Rep. Lynn Westmoreland [R-GA]Rep. Ed Whitfield [R-KY]
Rep. Joe Wilson [R-SC]

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


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