Freight Rail Infrastructure Capacity Expansion Act of 2007

Summary

Freight Rail Infrastructure Capacity Expansion Act of 2007 - Amends the Internal Revenue Code to allow: (1) a tax credit for 25% of the cost of new qualified freight rail infrastructure property and new 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.

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Timeline

1. 17 April 2007

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 17 April 2007

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 17 April 2007 · Download file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 17 April 2007

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 17 April 2007

  ViewDownloadOpen at official source

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• Introduced in Senate

  summary · EN · 17 April 2007

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Sen. Lott, Trent [R-MS] · R · Sponsor
• Sen. Conrad, Kent [D-ND] · D · Sponsor
• Sen. Smith, Gordon H. [R-OR] · R · Sponsor
• Sen. Cochran, Thad [R-MS] · R · Sponsor
• Sen. Nelson, Ben [D-NE] · D · Sponsor
• Sen. Graham, Lindsey [R-SC] · R · Sponsor
• Sen. Isakson, Johnny [R-GA] · R · Sponsor
• Sen. Stevens, Ted [R-AK] · R · Sponsor
• Sen. Hagel, Chuck [R-NE] · R · Sponsor
• Sen. Landrieu, Mary L. [D-LA] · D · Sponsor
• Sen. Crapo, Mike [R-ID] · R · Sponsor
• Sen. Nelson, Bill [D-FL] · D · Cosponsor
• Sen. Salazar, Ken [D-CO] · D · Cosponsor
• Sen. Coleman, Norm [R-MN] · R · Cosponsor
• Sen. Casey, Robert P., Jr. [D-PA] · D · Cosponsor
• Sen. Burr, Richard [R-NC] · R · Cosponsor
• Sen. Specter, Arlen [R-PA] · R · Cosponsor
• Sen. Lincoln, Blanche L. [D-AR] · D · Cosponsor
• Sen. Wicker, Roger F. [R-MS] · R · Cosponsor
• · ssfi00 · Standing

Related records

• related to → Freight Rail Infrastructure Capacity Expansion Act of 2007