S 881 · 110th Congress · Taxation
Short Line Railroad Investment Act of 2007
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S3136)(2007-03-14)
Plain Language Summary
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Short Line Railroad Investment Act of 2007 - Amends the Internal Revenue Code to: (1) increase the allowable amount of the railroad track maintenance tax credit; (2) extend such credit through 2010; and (3) allow such credit against alternative minimum tax liabilities.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (20)
5 Democrats15 Republicans