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Rolling Stock Protection Act

6/18/2024, 8:28 PM

Summary of Bill HR 3317

Bill 118 hr 3317, also known as the Rolling Stock Protection Act, is a piece of legislation currently being considered by the US Congress. The purpose of this bill is to protect the rolling stock of freight railroads from vandalism and theft.

The bill specifically targets individuals who engage in the unauthorized entry or tampering with freight railcars. It imposes penalties for those found guilty of such actions, including fines and potential imprisonment. Additionally, the bill requires rail carriers to implement security measures to prevent unauthorized access to their rolling stock.

Supporters of the Rolling Stock Protection Act argue that it is necessary to protect the integrity and safety of the nation's freight rail system. They believe that vandalism and theft of rolling stock can have serious consequences, including disruptions to the transportation of goods and potential safety hazards. Opponents of the bill may argue that the penalties imposed are too harsh or that the security measures required of rail carriers are overly burdensome. They may also raise concerns about potential racial profiling or discrimination in the enforcement of the legislation. Overall, the Rolling Stock Protection Act aims to address a specific issue within the freight rail industry and ensure the continued efficiency and safety of the nation's transportation infrastructure. It is currently under review by Congress and may undergo further revisions before potentially becoming law.

Congressional Summary of HR 3317

Rolling Stock Protection Act

This bill eliminates an exemption from the prohibition on using a type of federal financial aid to procure rail rolling stock for use in public transportation from certain manufacturers. Such prohibited manufacturers include ones that, among other things, are owned or controlled by a company based in a nonmarket economy country that is flagged for monitoring by the Office of the U.S. Trade Representative. Currently, this exemption applies to contracts made prior to the enactment of the prohibition.

Current Status of Bill HR 3317

Bill HR 3317 is currently in the status of Introduced to Senate since May 22, 2024. Bill HR 3317 was introduced during Congress 118 and was introduced to the House on May 15, 2023.  Bill HR 3317's most recent activity was Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of May 22, 2024

Bipartisan Support of Bill HR 3317

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
14
Democrat Cosponsors
2
Republican Cosponsors
12
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 3317

Primary Policy Focus

Transportation and Public Works

Potential Impact Areas

- Foreign and international corporations
- Motor vehicles
- Public contracts and procurement
- Public transit

Alternate Title(s) of Bill HR 3317

Rolling Stock Protection Act
Rolling Stock Protection Act
Rolling Stock Protection Act
Rolling Stock Protection Act
To amend title 49, United States Code, to remove the lifetime exemption from the prohibition on procurement of rolling stock from certain vehicle manufacturers for parties to executed contracts.

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