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house Bill H.R. 1789

Comprehensive Rail Infrastructure Investment Act of 2009

Bill Details

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Comprehensive Rail Infrastructure Investment Act of 2009

Official Title

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.


Comprehensive Rail Infrastructure Investment Act of 2009 - Amends the Internal Revenue Code to: (1) allow a tax credit through 2012 for 25% of the cost of new qualified freight rail infrastructure property and qualified locomotive property; (2) allow a taxpayer election through 2012 to expense the acquisition, construction, or erection costs of qualified freight rail infrastructure property; and (3) extend through 2012 the tax credit for qualified railroad track maintenance expenditures and modify requirements applicable to such expenditures.

bill Progress

  • Not enacted
    The President has not signed this bill
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  • The house has not voted
      house Committees
      Committee on Ways and Means
    IntroducedMarch 30th, 2009

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