S 881 · 110th Congress · Taxation

Short Line Railroad Investment Act of 2007

Introduced 2007-03-14· Sponsored by Sen. Lincoln, Blanche L. [D-AR]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S3136)(2007-03-14)

Plain Language Summary

[AI summary unavailable — showing source text] 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