S 461
111th Congress
Senate
Taxation
Income tax credits
Railroads
A bill to amend the Internal Revenue Code of 1986 to extend and modify the railroad track maintenance credit.
Introduced: February 24, 2009
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 24, 2009
Read twice and referred to the Committee on Finance.
Feb 24, 2009
Introduced in Senate
Plain-English summary
Amends the Internal Revenue Code to: (1) increase the allowable amount of the railroad track maintenance tax credit; (2) revise the types of expenditures eligible for such credit; and (3) extend such credit through 2012.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1