H.R.510: BRACE Act of 2019

About This Bill

  • Introduced Jan. 11, 2019
  • Latest Major Action Jan. 11, 2019

Bill Cosponsors

210 (106 Democrats, 104 Republicans)

Bill Summary

Building Rail Access for Customers and the Economy Act of 2019 or the BRACE Act of 2019 This bill permanently extends the tax credit for railroad track maintenance. The extension applies to expenditures paid or incurred during tax years beginning after 2017. Assignments of miles of railroad track, including related expenditures, for tax years ending after 2017 must be treated as timely if they are made pursuant to a written agreement entered...

(Source: Congressional Research Service)

What Lawmakers Are Saying About This Bill

There is one statement associated with H.R.510.

Bill Actions

Date Description
Jan. 11
Referred to the House Committee on Ways and Means.
Jan. 11

Introduced in the House by Earl Blumenauer (D-Ore.)

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