HR 2091

112th CONGRESS
1st Session

H. R. 2091

To amend the Internal Revenue Code of 1986 to provide incentives to encourage investment in the expansion of freight rail infrastructure capacity and to enhance modal tax equity.

IN THE HOUSE OF REPRESENTATIVES

June 2, 2011

Mr. BOSWELL introduced the following bill; which was referred to the Committee on Ways and Means


A BILL

To amend the Internal Revenue Code of 1986 to provide incentives to encourage investment in the expansion of freight rail infrastructure capacity and to enhance modal tax equity.

SECTION 1. SHORT TITLE.

SEC. 2. CREDIT FOR FREIGHT RAIL INFRASTRUCTURE CAPACITY EXPANSION PROPERTY.

`SEC. 45S. FREIGHT RAIL CAPACITY EXPANSION CREDIT.

SEC. 3. EXPENSING OF FREIGHT RAIL INFRASTRUCTURE PROPERTY.

`SEC. 179F. ELECTION TO EXPENSE QUALIFIED FREIGHT RAIL INFRASTRUCTURE PROPERTY.

SEC. 4. WAGE RATE REQUIREMENTS.

END