A bill to amend the Internal Revenue Code of 1954 to extend the energy conservation investment tax credit to new diesel-electric locomotives.

Summary

Amends the Internal Revenue Code to allow a ten percent energy investment tax credit for diesel-electric locomotives of at least 2,200 horsepower purchased by a common carrier engaged in the trade or business of using rail transportation. Requires that such locomotives be at least 15 percent more fuel efficient than any locomotive replaced by the taxpayer.

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Timeline

1. 4 October 1984

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 4 October 1984

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 16 October 1984

   Committee

   Committee on Finance requested executive comment from OMB, Treasury Department, Energy Department, Transportation Department.

   Source: Committee

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in Senate

  summary · EN · 4 October 1984

  Open at official source

Sponsors

• Sen. Specter, Arlen [R-PA] · R · Sponsor
• Sen. Heinz, John [R-PA] · R · Sponsor
• Sen. Dixon, Alan J. [D-IL] · D · Sponsor
• Sen. Percy, Charles H. [R-IL] · R · Sponsor
• · ssfi00 · Standing

Related records

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