US SB203 | 2019-2020 | 116th Congress
Status
Spectrum:
Status: Introduced on January 24 2019 - 25% progression, died in committee
Action: 2019-01-24 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 24 2019 - 25% progression, died in committee
Action: 2019-01-24 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Permanently extends the tax credit for railroad track maintenance. The extension applies to expenditures paid or incurred during tax years beginning after 2017. Assignments of miles of railroad track, including related expenditures, for tax years beginning on or after January 1, 2018, and before January 1, 2019, must be treated as effective as of the close of such taxable year if they are made pursuant to a written agreement entered into within 90 days of the enactment of this bill.
Title
BRACE Act of 2019 Building Rail Access for Customers and the Economy Act of 2019
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2019-01-24 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB510 (Related) 2019-01-11 - Referred to the House Committee on Ways and Means.
HB1865 (Related) 2019-12-20 - Became Public Law No: 116-94. (TXT | PDF)
HB1865 (Related) 2019-12-20 - Became Public Law No: 116-94. (TXT | PDF)
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/senate-bill/203/all-info |
| Text | https://www.congress.gov/116/bills/s203/BILLS-116s203is.pdf |
