Building Rail Access for Customers and the Economy Act

1/11/2023, 1:31 PM

Congressional Summary of S 2595

Building Rail Access for Customers and the Economy Act

This bill amends the Internal Revenue Code to make permanent the tax credit for railroad track maintenance.

Current Status of Bill S 2595

Bill S 2595 is currently in the status of Bill Introduced since February 25, 2016. Bill S 2595 was introduced during Congress 114 and was introduced to the Senate on February 25, 2016.  Bill S 2595's most recent activity was Read twice and referred to the Committee on Finance. as of February 25, 2016

Bipartisan Support of Bill S 2595

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
55
Democrat Cosponsors
30
Republican Cosponsors
24
Unaffiliated Cosponsors
1

Policy Area and Potential Impact of Bill S 2595

Primary Policy Focus

Taxation

Potential Impact Areas

Business investment and capitalIncome tax creditsRailroads

Alternate Title(s) of Bill S 2595

Building Rail Access for Customers and the Economy ActA bill to amend the Internal Revenue Code of 1986 to permanently extend the railroad track maintenance credit.Building Rail Access for Customers and the Economy Act
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