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S 3700 110th Congress Senate

High-Speed Rail for America Act of 2008

Official title: A bill to encourage and support the development of high-speed passenger rail transportation in the United States, and for other purposes.

Introduced: November 19, 2008 See on congress.gov
Transportation and Public Works Department of TransportationExcise taxExecutive reorganizationGovernment Operations and Politics
More subjectsShow fewer subjects
Governmental investigationsHighspeed ground transportationIncome taxRailroad engineeringRailroad financeRailroad passenger trafficSecuritiesTax creditsTaxation
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This bill died when the 110th Congress ended
It never became law before the 110th Congress (2007–2008) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 19, 2008
Read twice and referred to the Committee on Finance.
Nov 19, 2008
Sponsor introductory remarks on measure. (CR S10663)
Nov 19, 2008
Introduced in Senate
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 Latest action November 19, 2008

Read twice and referred to the Committee on Finance.

 Plain-English summary Congressional Research Service

High-Speed Rail for America Act of 2008 - Establishes within the Federal Railroad Administration the Office of High-Speed Passenger Rail (HSPR Office) , headed by the Associate Administrator for High-Speed Rail.

Requires the HSPR Office to: (1) assume responsibility for all high-speed rail activities currently carried out by the Office of Railroad Development; and (2) consult with the Secretary of Transportation to assist eligible entities to finance certain qualified high-speed intercity rail facility projects through the issuance of private activity bonds.

Amends the Internal Revenue Code to revise requirements for income tax-exempt qualified high-speed intercity rail facility bonds. Allows an income tax credit to holders of certain rail bonds that finance qualified super high-speed intercity rail facility projects and qualified rail infrastructure projects.

Directs the Secretary of the Treasury to study and report to Congress on the use of excise taxes to fund high-speed rail projects.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Democratic 2
D
Schumer, Charles E.
New York · Nov 19, 2008
 D
Whitehouse, Sheldon
Rhode Island · Nov 19, 2008
Cite this page click to expand
APA
U.S. Congress. (2026). S. 3700: High-Speed Rail for America Act of 2008. 110th Congress. Open America. https://openamerica.io/bill/110-S-3700/
MLA
"S. 3700: High-Speed Rail for America Act of 2008." 110th Congress, 2026, Open America, https://openamerica.io/bill/110-S-3700/.
Bluebook (legal)
S. 3700, 110th Cong. (2026), https://openamerica.io/bill/110-S-3700/.
Markdown link
[S. 3700: High-Speed Rail for America Act of 2008](https://openamerica.io/bill/110-S-3700/)
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