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A bill to amend the Internal Revenue Code of 1986 to extend and modify the railroad track maintenance credit.

3/14/2007--Introduced.

Short Line Railroad Investment Act of 2007 - Amends the Internal Revenue Code to: (1) increase the allowable amount of the railroad track maintenance tax credit; (2) extend such credit through 2010; and (3) allow such credit against alternative minimum tax liabilities.

Latest Actions
  • 03/14/2007 - Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S3136)
Bill Text
File name Last Updated
S.881 Introduced in Senate08/31/2007