S. 3360 · 110th Congress
Creating American Rolling Stock Act of 2008
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Never voted on. It didn't reach a floor vote before the 110th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
DurbinSponsor1 cosponsor · 1 D
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Creating American Rolling Stock Act of 2008 or the Train CARS Act - Authorizes the Secretary of Transportation to award grants to eligible applicants to purchase or rehabilitate domestically manufactured rolling stock for intercity passenger rail transportation. Prohibits Secretary approval of a grant project without a state rail plan.
What it does: CRS summary · Introduced in Senate · Jul 29, 2008
Creating American Rolling Stock Act of 2008 or the Train CARS Act - Authorizes the Secretary of Transportation to award grants to eligible applicants to purchase or rehabilitate domestically manufactured rolling stock for intercity passenger rail transportation. Prohibits Secretary approval of a grant project without a state rail plan.
Sets forth certain Buy American requirements.
Directs Amtrak to establish a Next Generation Corridor Equipment Pool Committee.
Amends the Internal Revenue Code to create an Intercity Passenger Rail Rolling Stock Account.
Allows a tax credit to a holder of a qualified Amtrak bond issued for projects to purchase or rehabilitate domestically manufactured rolling stock for intercity passenger rail transportation (rail infrastructure investment).
Requires the Comptroller General to study the potential costs, benefits, and economic impact of providing intercity passenger rail along a national railway electrification system.
Directs the Secretary of Labor to report to Congress on existing federal programs that could assist in the training of automotive, aviation, and manufacturing workers to transition to the railcar manufacturing industry.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Creating American Rolling Stock Act of 2008
Also known as: Train CARS Act
Latest action (Jul 29, 2008): Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S7633-7636)
Policy area: Transportation and Public Works · Origin: Senate · Introduced: Jul 29, 2008
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.