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United States · Bill · HR

H.R. 4494 (111th)

To amend the Internal Revenue Code of 1986 to allow a credit for lightweight coal freight cars.

referredUnited States· United States Congress· EN

Introduced

21 January 2010

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

2 January 2025

Summary

Amends the Internal Revenue Code to allow a general business tax credit for 30% of the basis of an eligible lightweight coal freight car. Defines "eligible lightweight coal freight car" as any freight car: (1) designed to carry coal by rail; (2) the tare weight of which does not exceed 50,000 pounds; and (3) substantially all of the manufacturing of which occurred in the United States. Terminates such credit after 2013.

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Documents

3 official files

Introduced in House (text)

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