H.R. 510 · 116th Congress
BRACE Act of 2019
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
302 cosponsors · 155 D, 147 R
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Building Rail Access for Customers and the Economy Act of 2019 or the BRACE Act of 2019
What it does: CRS summary · Introduced in House · Jan 11, 2019
Building Rail Access for Customers and the Economy Act of 2019 or the BRACE Act of 2019
This bill permanently extends the tax credit for railroad track maintenance. The extension applies to expenditures paid or incurred during tax years beginning after 2017. Assignments of miles of railroad track, including related expenditures, for tax years ending after 2017 must be treated as timely if they are made pursuant to a written agreement entered into within 90 days of the enactment of this bill.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: BRACE Act of 2019
Also known as: Building Rail Access for Customers and the Economy Act of 2019
Latest action (Jan 11, 2019): Referred to the House Committee on Ways and Means.
Policy area: Taxation · Origin: House · Introduced: Jan 11, 2019
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.