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S 3700 in Congressional Session 110

Official Summary

 

Bill Number : S 3700

 

Title : A bill to encourage and support the development of high-speed passenger rail transportation in the United States, and for other purposes.

 

SUMMARY AS OF: 11/19/2008--Introduced. 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.

Votes

Title : A bill to encourage and support the development of high-speed passenger rail transportation in the United States, and for other purposes.
Votes in the US Senate
This Bill was not Voted in the US Senate
Votes in the US House
This Bill was not Voted in the US House

Sponsors

 
Congressional Sponsors of S 3700
 
Bill Number : S 3700

Title : A bill to encourage and support the development of high-speed passenger rail transportation in the United States, and for other purposes.

Sponsor: Sen Kerry, John F. [MA] (introduced 11/19/2008)      

ALPHABETICAL [followed by Cosponsors withdrawn]:     (Sort: by date)

Sen Brown, Sherrod [OH] - 11/19/2008

Sen Carper, Thomas R. [DE] - 11/19/2008

Sen Casey, Robert P., Jr. [PA] - 11/19/2008

Sen Clinton, Hillary Rodham [NY] - 11/19/2008

Sen Dodd, Christopher J. [CT] - 11/19/2008

Sen Feinstein, Dianne [CA] - 11/19/2008

Sen Inouye, Daniel K. [HI] - 11/19/2008

Sen Lautenberg, Frank R. [NJ] - 11/19/2008

Sen Lieberman, Joseph I. [CT] - 11/19/2008

Sen Menendez, Robert [NJ] - 11/19/2008

Sen Schumer, Charles E. [NY] - 11/19/2008

Sen Snowe, Olympia J. [ME] - 11/19/2008

Sen Specter, Arlen [PA] - 11/19/2008

Sen Stabenow, Debbie [MI] - 11/19/2008

Sen Whitehouse, Sheldon [RI] - 11/19/2008

Other Info

Bill Number : S 3700

Title : A bill to encourage and support the development of high-speed passenger rail transportation in the United States, and for other purposes.

 
MAJOR ACTIONS:
***NONE***

 
ALL ACTIONS:
1
 
1/19/2008:Sponsor introductory remarks on measure. (CR S10663) 1
 
1/19/2008:Read twice and referred to the Committee on Finance.