United States · Bill · S
S. 3742 (109th)
Freight Rail Infrastructure Capacity Expansion Act of 2006
Introduced
26 July 2006
Last action
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Status
Read twice and referred to the Committee on Finance.
Sponsors
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Subjects
Discovery layer
Source updated
15 August 2025
Summary
Freight Rail Infrastructure Capacity Expansion Act of 2006 - Amends the Internal Revenue Code to allow: (1) a tax credit for 25% of the cost of new qualified freight rail infrastructure property and 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 2011.
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Votes
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Versions
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate (text)
Introduced in Senate · EN · 26 July 2006
Introduced in Senate (PDF)
Introduced in Senate · EN · 26 July 2006
Introduced in Senate
summary · EN · 26 July 2006
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/109th-congress/senate-bill/3742
- Open data entity: https://api.congress.gov/v3/bill/109/s/3742