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United States · Bill · S

S. 250 (107th)

High-Speed Rail Investment Act of 2001

openUnited States· United States Congress· EN

Introduced

6 February 2001

Last action

13 February 2001 · Floor

Status

Star Print ordered on the bill.

Sponsors

Sen. Biden, Joseph R., Jr. [D-DE], Sen. Hutchison, Kay Bailey [R-TX], Sen. Lott, Trent [R-MS], Sen. Daschle, Thomas A. [D-SD], Sen. Kerry, John F. [D-MA], Sen. Baucus, Max [D-MT], Sen. Boxer, Barbara [D-CA], Sen. Breaux, John B. [D-LA], Sen. Burns, Conrad R. [R-MT], Sen. Byrd, Robert C. [D-WV], Sen. Carper, Thomas R. [D-DE], Sen. Chafee, Lincoln [R-RI], Sen. Cleland, Max [D-GA], Sen. Clinton, Hillary Rodham [D-NY], Sen. Cochran, Thad [R-MS], Sen. Collins, Susan M. [R-ME], Sen. Corzine, Jon S. [D-NJ], Sen. DeWine, Mike [R-OH], Sen. Dodd, Christopher J. [D-CT], Sen. Dorgan, Byron L. [D-ND], Sen. Durbin, Richard J. [D-IL], Sen. Edwards, John [D-NC], Sen. Feingold, Russell D. [D-WI], Sen. Feinstein, Dianne [D-CA], Sen. Graham, Bob [D-FL], Sen. Helms, Jesse [R-NC], Sen. Hollings, Ernest F. [D-SC], Sen. Inouye, Daniel K. [D-HI], Sen. Jeffords, James M. [I-VT], Sen. Johnson, Tim [D-SD], Sen. Kennedy, Edward M. [D-MA], Sen. Kohl, Herb [D-WI], Sen. Landrieu, Mary L. [D-LA], Sen. Leahy, Patrick J. [D-VT], Sen. Levin, Carl [D-MI], Sen. Lieberman, Joseph I. [ID-CT], Sen. Lincoln, Blanche L. [D-AR], Sen. Mikulski, Barbara A. [D-MD], Sen. Miller, Zell [D-GA], Sen. Murray, Patty [D-WA], Sen. Reid, Harry [D-NV], Sen. Rockefeller, John D., IV [D-WV], Sen. Santorum, Rick [R-PA], Sen. Sarbanes, Paul S. [D-MD], Sen. Schumer, Charles E. [D-NY], Sen. Snowe, Olympia J. [R-ME], Sen. Specter, Arlen [R-PA], Sen. Stabenow, Debbie [D-MI]

Subjects

Taxation

Source updated

19 August 2025

Taxation

Official sourceDownload fileView documentsShare

Summary

High-Speed Rail Investment Act of 2001 - Amends the Internal Revenue Code to allow a tax credit (to be included in gross income as interest) to holders of qualified Amtrak bonds issued by the National Railroad Passenger Corporation. Requires, with exceptions, State matching contributions for qualifying projects, which shall be used to redeem project-specific bonds, and if amounts remain, to fund other projects or bonds. Treats such contributions as tax-exempt facility bonds. Eliminates, for tax exemption for purposes, the governmental ownership requirement for mass commuting facility bonds. Authorizes the Secretary of Transportation to allocate bond funds for Alaska Railroad issuances. Requires the Corporation to annually submit a multi-year capital spending plan.

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

Timeline

  1. 6 February 2001

    Introduced

    Introduced in Senate

    Source: IntroReferral

  2. 6 February 2001

    Introduced

    Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1068-1071)

    Source: IntroReferral

  3. 6 February 2001

    Introduced

    Sponsor introductory remarks on measure. (CR S1068)

    Source: IntroReferral

  4. 13 February 2001

    Floor

    Star Print ordered on the bill.

    Source: Floor

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 6 February 2001

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 6 February 2001

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 6 February 2001

    Open at official source

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Sponsors

Showing 48 of 59 sponsors and actors.

Related records

Sources

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