legislation: 110-s-3360

Congressional bills and resolutions from Congress.gov, filtered to policy areas relevant to environmental, health, agriculture, and wildlife regulation.

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
110-s-3360 110 s 3360 Creating American Rolling Stock Act of 2008 Transportation and Public Works 2008-07-29 2008-07-29 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S7633-7636) Senate Sen. Durbin, Richard J. [D-IL] IL D D000563 1 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. 2019-11-15T21:57:52Z  

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