3.0.0 8082 2023-01-11T13:45:25Z 2023-01-11T13:45:25Z House HR 2020-08-21 116 [Congressional Record Volume 166, Number 148 (Friday, August 21, 2020)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. SCHNEIDER:H.R. 8082.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8[Page H4251]]]> hswm00 Ways and Means Committee House Standing Referred to 2020-08-21T16:01:15Z 2020-08-21 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2020-08-21 Introduced in House IntroReferral Intro-H 9 Library of Congress 2020-08-21 Introduced in House IntroReferral 1000 9 Library of Congress S001190 Rep. Schneider, Bradley Scott [D-IL-10] Bradley Schneider D IL Scott 10 N L000585 Rep. LaHood, Darin [R-IL-18] Darin LaHood R IL 18 2020-08-21 True L000563 Rep. Lipinski, Daniel [D-IL-3] Daniel Lipinski D IL William 3 2020-08-21 True C001087 Rep. Crawford, Eric A. "Rick" [R-AR-1] Eric Crawford R AR A. "Rick" 1 2020-08-21 True B000574 Rep. Blumenauer, Earl [D-OR-3] EARL BLUMENAUER D OR 3 2020-08-21 True F000465 Rep. Ferguson, A. Drew, IV [R-GA-3] A. Ferguson R GA Drew 3 2020-08-21 True W000816 Rep. Williams, Roger [R-TX-25] Roger Williams R TX 25 2020-09-11 False S001204 Del. San Nicolas, Michael F. Q. [D-GU-At Large] Michael San Nicolas D GU F. Q. 0 2020-09-11 False B001278 Rep. Bonamici, Suzanne [D-OR-1] Suzanne Bonamici D OR 1 2020-09-11 False R000616 Rep. Rouda, Harley [D-CA-48] Harley Rouda D CA 48 2020-09-11 False B000490 Rep. Bishop, Sanford D., Jr. [D-GA-2] SANFORD BISHOP D GA D. 2 2020-09-11 False P000616 Rep. Phillips, Dean [D-MN-3] Dean Phillips D MN 3 2020-09-11 False K000395 Rep. Keller, Fred [R-PA-12] Fred Keller R PA 12 2020-09-17 False D000482 Rep. Doyle, Michael F. [D-PA-18] MIKE DOYLE D PA 18 2020-09-29 False B001307 Rep. Baird, James R. [R-IN-4] James Baird R IN R. 4 2020-09-29 False H001067 Rep. Hudson, Richard [R-NC-8] Richard Hudson R NC 8 2020-09-29 False G000552 Rep. Gohmert, Louie [R-TX-1] Louie Gohmert R TX 1 2020-09-29 False F000461 Rep. Flores, Bill [R-TX-17] Bill Flores R TX 17 2020-10-13 False L000565 Rep. Loebsack, David [D-IA-2] David Loebsack D IA 2 2020-10-13 False S001185 Rep. Sewell, Terri A. [D-AL-7] Terri Sewell D AL A. 7 2020-10-13 False W000814 Rep. Weber, Randy K., Sr. [R-TX-14] Randy Weber R TX K. 14 2020-10-13 False G000377 Rep. Granger, Kay [R-TX-12] KAY GRANGER R TX 12 2020-10-23 False W000813 Rep. Walorski, Jackie [R-IN-2] Jackie Walorski R IN 2 2020-10-30 False K000386 Rep. Katko, John [R-NY-24] John Katko R NY 24 2020-10-30 False M001180 Rep. McKinley, David B. [R-WV-1] David McKinley R WV B. 1 2020-10-30 False S001156 Rep. Sánchez, Linda T. [D-CA-38] Linda Sánchez D CA T. 38 2020-11-17 False K000380 Rep. Kildee, Daniel T. [D-MI-5] Daniel Kildee D MI T. 5 2020-11-18 False D000619 Rep. Davis, Rodney [R-IL-13] Rodney Davis R IL 13 2020-12-08 False P000604 Rep. Payne, Donald M., Jr. [D-NJ-10] Donald Payne D NJ M. 10 2020-12-08 False D000629 Rep. Davids, Sharice [D-KS-3] Sharice Davids D KS 3 2020-12-15 False F000468 Rep. Fletcher, Lizzie [D-TX-7] Lizzie Fletcher D TX 7 2020-12-15 False M001205 Rep. Miller, Carol D. [R-WV-3] Carol Miller R WV D. 3 2020-12-16 False Taxation Business expenses Congressional oversight Energy efficiency and conservation Income tax credits Manufacturing Railroads Transportation safety and security Taxation 00 2020-08-21 Introduced in House 2020-10-26T19:17:48Z Freight Rail Assistance and Investment to Launch Coronavirus-era Activity and Recovery Act of 2020 or the Freight RAILCAR Act of 2020

This bill establishes a new tax credit for the replacement and modernization of qualified freight railcars. Specifically, it allows a credit for 50% of the sum of the qualifying replacement or modernization amount, the qualifying scrap amount, and the qualifying railcar facility and technology modernization amount.

The bill defines qualified freight railcar as a freight railcar that meets significant improvement requirements for capacity, fuel efficiency, or performance.

]]> Freight RAILCAR Act of 2020 Display Title Freight RAILCAR Act of 2020 Short Title(s) as Introduced Freight RAILCAR Act of 2020 Introduced in House IH Short Title(s) as Introduced Freight Rail Assistance and Investment to Launch Coronavirus-era Activity and Recovery Act of 2020 Introduced in House IH Official Title as Introduced To amend the Internal Revenue Code of 1986 to provide a tax credit to encourage the replacement or modernization of inefficient, outdated freight railcars, and for other purposes. Introduced in House IH Introduced in House 2020-08-21T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr8082ih/xml/BILLS-116hr8082ih.xml 2020-08-21 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.