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United States · Bill · S

S. 1703 (108th)

Local Railroad Rehabilitation and Investment Act of 2003

referredUnited States· United States Congress· EN

Introduced

2 October 2003

Last action

2 October 2003 · Introduced

Status

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S12381)

Sponsors

Sen. Smith, Gordon H. [R-OR], Ron Wyden, Sen. Brownback, Sam [R-KS], Sen. Specter, Arlen [R-PA], Sen. Burns, Conrad R. [R-MT], Rep. Roberts, Pat [R-KS-1], Sen. Lugar, Richard G. [R-IN], Rep. Craig, Larry E. [R-ID-1], Rep. Snowe, Olympia J. [R-ME-2], Sen. Pryor, Mark L. [D-AR], Rep. Cochran, Thad [R-MS-4], Sen. Lincoln, Blanche L. [D-AR], Sen. Bayh, Evan [D-IN], Sen. Daschle, Thomas A. [D-SD], Rep. Nelson, Bill [D-FL-11], Charles Schumer, Susan Collins, Rep. Johnson, Tim [D-SD-At Large], Sen. Talent, Jim [R-MO]

Subjects

Taxation

Source updated

18 August 2025

Taxation

Summary

Local Railroad Rehabilitation and Investment Act of 2003- Amends the Internal Revenue Code to establish a railroad track maintenance credit for qualified railroad track maintenance expenditures with respect to which the expenditures were paid or incurred by the taxpayer for the taxable year for Class II or Class III railroads.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 2 October 2003

    Introduced

    Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S12381)

    Source: IntroReferral

  2. 2 October 2003

    Introduced

    Sponsor introductory remarks on measure. (CR S12380-12381)

    Source: IntroReferral

  3. 2 October 2003

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

View fileDownload file

Sponsors

Related records

Sources

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