H.R.2289: Freight RAILCAR Act of 2021

About This Bill

Bill Version

Bill Summary

Freight Rail Assistance and Investment to Launch Coronavirus-era Activity and Recovery Act of 2021 or the Freight RAILCAR Act of 2021 This bill provides a new tax credit for 50% of freight railcar fleet modernization expenses. The bill defines freight railcar fleet modernization expenses to include amounts for railcar replacement and modernization, railcar scrap amounts, and for railcar facility and technology modernization. The Department of...

(Source: Library of Congress)

Bill Actions

Date Description
March 29, 2021
Referred to the House Committee on Ways and Means.
March 29, 2021

Introduced in the House by Brad Schneider (D-Ill.)

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