Freight RAILCAR Act of 2020
Sponsored By: Representative Schneider, Bradley Scott [D-IL-10]
Unknown
Summary
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.
Personalized for You
How does this bill affect your finances?
Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.
Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Schneider, Bradley Scott [D-IL-10]
IL • D
Cosponsors
Rep. LaHood, Darin [R-IL-16]
IL • R
Sponsored 8/21/2020
Rep. Lipinski, Daniel [D-IL-3]
IL • D
Sponsored 8/21/2020
Rep. Crawford, Eric A. "Rick" [R-AR-1]
AR • R
Sponsored 8/21/2020
Rep. Blumenauer, Earl [D-OR-3]
OR • D
Sponsored 8/21/2020
Rep. Ferguson, A. Drew, IV [R-GA-3]
GA • R
Sponsored 8/21/2020
Rep. Williams, Roger [R-TX-25]
TX • R
Sponsored 9/11/2020
Del. San Nicolas, Michael F. Q. [D-GU-At Large]
GU • D
Sponsored 9/11/2020
Rep. Bonamici, Suzanne [D-OR-1]
OR • D
Sponsored 9/11/2020
Rep. Rouda, Harley [D-CA-48]
CA • D
Sponsored 9/11/2020
Rep. Bishop, Sanford D. [D-GA-2]
GA • D
Sponsored 9/11/2020
Rep. Phillips, Dean [D-MN-3]
MN • D
Sponsored 9/11/2020
Rep. Keller, Fred [R-PA-12]
PA • R
Sponsored 9/17/2020
Rep. Doyle, Michael F. [D-PA-18]
PA • D
Sponsored 9/29/2020
Rep. Baird, James R. [R-IN-4]
IN • R
Sponsored 9/29/2020
Rep. Hudson, Richard [R-NC-9]
NC • R
Sponsored 9/29/2020
Rep. Gohmert, Louie [R-TX-1]
TX • R
Sponsored 9/29/2020
Rep. Flores, Bill [R-TX-17]
TX • R
Sponsored 10/13/2020
Rep. Loebsack, David [D-IA-2]
IA • D
Sponsored 10/13/2020
Rep. Sewell, Terri A. [D-AL-7]
AL • D
Sponsored 10/13/2020
Rep. Weber, Randy K. Sr. [R-TX-14]
TX • R
Sponsored 10/13/2020
Rep. Granger, Kay [R-TX-12]
TX • R
Sponsored 10/23/2020
Rep. Walorski, Jackie [R-IN-2]
IN • R
Sponsored 10/30/2020
Rep. Katko, John [R-NY-24]
NY • R
Sponsored 10/30/2020
Rep. McKinley, David B. [R-WV-1]
WV • R
Sponsored 10/30/2020
Rep. Sánchez, Linda T. [D-CA-38]
CA • D
Sponsored 11/17/2020
Rep. Kildee, Daniel T. [D-MI-8]
MI • D
Sponsored 11/18/2020
Rep. Davis, Rodney [R-IL-13]
IL • R
Sponsored 12/8/2020
Rep. Payne, Donald M., Jr. [D-NJ-10]
NJ • D
Sponsored 12/8/2020
Rep. Davids, Sharice [D-KS-3]
KS • D
Sponsored 12/15/2020
Rep. Fletcher, Lizzie [D-TX-7]
TX • D
Sponsored 12/15/2020
Rep. Miller, Carol D. [R-WV-1]
WV • R
Sponsored 12/16/2020
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov