Summary: S.881 — 110th Congress (2007-2008)All Information (Except Text)

There is one summary for S.881. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (03/14/2007)

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.