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- H.R.3947
H.R.3947: Locomotive Fleet Investment Act of 2009
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about taxation
- Introduced Oct. 28, 2009
- Latest Major Action Oct. 28, 2009
Bill Sponsor
Bill Cosponsors
14 (11 Democrats, 3 Republicans)
Bill Summary
Locomotive Fleet Investment Act of 2009 - Amends the Internal Revenue Code to allow a business-related tax credit for 30% of the cost of qualified locomotive property. Defines "qualified locomotive property" as a newly built or remanufactured diesel line-haul, passenger, or switch locomotive (whether or not owned by a railroad) which is acquired after December 31, 2009, and which meets applicable standards under the Clean Air Act for emissions...
(Source: Library of Congress)
Bill Actions
Date | Description |
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Sponsor introductory remarks on measure.
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Referred to the House Committee on Ways and Means.
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Oct. 28, 2009 |
Introduced in the House by Kathy Dahlkemper (D-Pa.) |