S.250: High-Speed Rail Investment Act of 2001

About This Bill

Bill Cosponsors

58 (44 Democrats, 1 Independent, 14 Republicans)

Bill 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...

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Finance.
Star Print ordered on the bill.
Feb. 6, 2001

Introduced in the Senate by Joseph R. Biden Jr. (D-Del.)

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