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Short Line Railroad Relief Act
12/12/2023, 1:45 PM
Summary of Bill HR 9581
Bill 117 hr 9581, also known as the Short Line Railroad Relief Act, aims to provide relief and support to short line railroads in the United States. Short line railroads are smaller, local railroads that play a crucial role in transporting goods and passengers to and from larger railroads.
The bill proposes several measures to help these short line railroads, including tax incentives, grants, and regulatory relief. One key provision of the bill is the extension of the Short Line Railroad Rehabilitation and Investment Act, which provides tax credits to short line railroads for track maintenance and upgrades.
Additionally, the bill seeks to streamline the regulatory process for short line railroads, making it easier for them to operate efficiently and safely. This includes reducing paperwork and administrative burdens, as well as providing technical assistance and training to help short line railroads comply with federal regulations. Overall, the Short Line Railroad Relief Act aims to support and strengthen the short line railroad industry, which is vital to the transportation infrastructure of the United States. By providing tax incentives, grants, and regulatory relief, the bill seeks to ensure the continued success and viability of short line railroads across the country.
The bill proposes several measures to help these short line railroads, including tax incentives, grants, and regulatory relief. One key provision of the bill is the extension of the Short Line Railroad Rehabilitation and Investment Act, which provides tax credits to short line railroads for track maintenance and upgrades.
Additionally, the bill seeks to streamline the regulatory process for short line railroads, making it easier for them to operate efficiently and safely. This includes reducing paperwork and administrative burdens, as well as providing technical assistance and training to help short line railroads comply with federal regulations. Overall, the Short Line Railroad Relief Act aims to support and strengthen the short line railroad industry, which is vital to the transportation infrastructure of the United States. By providing tax incentives, grants, and regulatory relief, the bill seeks to ensure the continued success and viability of short line railroads across the country.
Read the Full Bill
Current Status of Bill HR 9581
Bill HR 9581 is currently in the status of Bill Introduced since December 15, 2022. Bill HR 9581 was introduced during Congress 117 and was introduced to the House on December 15, 2022. Bill HR 9581's most recent activity was Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials. as of December 16, 2022
Bipartisan Support of Bill HR 9581
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 9581
Primary Policy Focus
Transportation and Public WorksPotential Impact Areas
- Emergency planning and evacuation
- Public-private cooperation
- Railroads
- State and local government operations
- Transportation safety and security
Comments
Sponsors and Cosponsors of HR 9581
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