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Senate Bill 407
115th Congress(2017-2018)
Building Rail Access for Customers and the Economy Act
Introduced
Introduced
Introduced in Senate on Feb 16, 2017
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Text
Introduced in Senate 
Feb 16, 2017
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Introduced in Senate(Feb 16, 2017)
Feb 16, 2017
Not Scanned for Linkage
About Linkage
Multiple bills can contain the same text. This could be an identical bill in the opposite chamber or a smaller bill with a section embedded in a larger bill.
Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
Bill Sponsor is currently only finding exact word-for-word section matches. In a future release, partial matches will be included.
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S. 407 (Introduced-in-Senate)


115th CONGRESS
1st Session
S. 407


To amend the Internal Revenue Code of 1986 to permanently extend the railroad track maintenance credit.

IN THE SENATE OF THE UNITED STATES

February 16, 2017

Mr. Crapo (for himself, Ms. Stabenow, Mr. Inhofe, Mr. Wyden, Mr. Moran, Mr. Schumer, Mr. Wicker, Mr. Casey, Mr. Roberts, Mr. Blumenthal, Mr. Isakson, Mr. Heller, and Mr. Thune) introduced the following bill; which was read twice and referred to the Committee on Finance

A BILL

To amend the Internal Revenue Code of 1986 to permanently extend the railroad track maintenance credit.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Building Rail Access for Customers and the Economy Act”.

SEC. 2. Extension of the railroad track maintenance credit.

(a) In general.—Section 45G(f) of the Internal Revenue Code of 1986 is amended by striking “, and before January 1, 2017”.

(b) Effective date.—The amendment made by subsection (a) shall apply to expenditures paid or incurred in taxable years beginning after December 31, 2016.