S. 3700 · 110th Congress
High-Speed Rail for America 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.
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KerrySponsor15 cosponsors · 12 D, 2 R, 1 I
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Brown
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Carper
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Clinton
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Casey
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Dodd
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Feinstein
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Inouye
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Lautenberg
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Menendez
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Schumer
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Snowe
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Specter
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Stabenow
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Whitehouse15 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
High-Speed Rail for America Act of 2008 - Establishes within the Federal Railroad Administration the Office of High-Speed Passenger Rail (HSPR Office) , headed by the Associate Administrator for High-Speed Rail.
What it does: CRS summary · Introduced in Senate · Nov 19, 2008
High-Speed Rail for America Act of 2008 - Establishes within the Federal Railroad Administration the Office of High-Speed Passenger Rail (HSPR Office) , headed by the Associate Administrator for High-Speed Rail.
Requires the HSPR Office to: (1) assume responsibility for all high-speed rail activities currently carried out by the Office of Railroad Development; and (2) consult with the Secretary of Transportation to assist eligible entities to finance certain qualified high-speed intercity rail facility projects through the issuance of private activity bonds.
Amends the Internal Revenue Code to revise requirements for income tax-exempt qualified high-speed intercity rail facility bonds. Allows an income tax credit to holders of certain rail bonds that finance qualified super high-speed intercity rail facility projects and qualified rail infrastructure projects.
Directs the Secretary of the Treasury to study and report to Congress on the use of excise taxes to fund high-speed rail projects.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: High-Speed Rail for America Act of 2008
Latest action (Nov 19, 2008): Read twice and referred to the Committee on Finance.
Policy area: Transportation and Public Works · Origin: Senate · Introduced: Nov 19, 2008
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.