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- H.R.3081
H.R.3081: To amend the Internal Revenue Code of 1986 to provide a credit against income tax for expenditures for the maintenance of railroad tracks of Class II and Class III railroads.
About This Bill
- This bill was introduced in the 107th Congress
- This bill is primarily about taxation
- Introduced Oct. 10, 2001
- Latest Major Action Oct. 10, 2001
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Summary
Amends the Internal Revenue Code to establish a railroad track maintenance credit for qualified railroad track maintenance expenditures of up to $4,000 per mile annually of railroad track with respect to which the expenditures were paid or incurred by the taxpayer for the taxable year for Class II or Class III railroads.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
| Oct. 10, 2001 |
Introduced in the House by Jerry Moran (R-Kan.) |