US HB4494 | 2009-2010 | 111th Congress

Status

Spectrum: Moderate Partisan Bill (Democrat 9-2)
Status: Introduced on January 21 2010 - 25% progression, died in committee
Action: 2010-01-21 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Amends the Internal Revenue Code to allow a general business tax credit for 30% of the basis of an eligible lightweight coal freight car. Defines "eligible lightweight coal freight car" as any freight car: (1) designed to carry coal by rail; (2) the tare weight of which does not exceed 50,000 pounds; and (3) substantially all of the manufacturing of which occurred in the United States. Terminates such credit after 2013.

Tracking Information

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Title

To amend the Internal Revenue Code of 1986 to allow a credit for lightweight coal freight cars.

Sponsors


History

DateChamberAction
2010-01-21 Referred to the House Committee on Ways and Means.

Subjects


US Congress State Sources


Bill Comments

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