US SB836 | 2011-2012 | 112th Congress

Status

Spectrum: Bipartisan Bill
Status: Introduced on April 14 2011 - 25% progression, died in committee
Action: 2011-04-14 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Transportation Access for All Americans Act - Amends the Internal Revenue Code to: (1) allow accelerated depreciation of applicable leased highway property, and (2) provide for amortization of intangibles relating to such property. Defines "applicable leased highway property" as property subject to a lease between a taxpayer and a governmental entity under which the taxpayer leases a highway and associated improvements, receives a right-of-way on public lands underlying such highway and improvements, and receives a grant of a franchise or other intangible right to receive payments relating to the operation of such highway. Prohibits private activity bond financing of applicable leased highway property.

Tracking Information

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Title

Transportation Access for All Americans Act

Sponsors


History

DateChamberAction
2011-04-14SenateRead twice and referred to the Committee on Finance.

Same As/Similar To

SB2132 (Related) 2012-02-27 - Placed on Senate Legislative Calendar under General Orders. Calendar No. 327.
HB14 (Related) 2012-03-21 - Referred to House Foreign Affairs
HB4348 (Related) 2012-07-06 - Became Public Law No: 112-141.
SB1813 (Related) 2012-04-24 - See also H.R. 4348.

Subjects


US Congress State Sources


Bill Comments

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