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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (3)

Short Titles

Short Titles - House of Representatives

Short Title(s) as Introduced

Freight RAILCAR Act of 2020
Freight Rail Assistance and Investment to Launch Coronavirus-era Activity and Recovery Act of 2020

Official Titles

Official Titles - House of Representatives

Official Title as Introduced

To amend the Internal Revenue Code of 1986 to provide a tax credit to encourage the replacement or modernization of inefficient, outdated freight railcars, and for other purposes.


Actions Overview (1)

Date Actions Overview
08/21/2020Introduced in House

All Actions (2)

Date All Actions
08/21/2020Referred to the House Committee on Ways and Means.
Action By: House of Representatives
08/21/2020Introduced in House
Action By: House of Representatives

Cosponsors (31)


Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Related Documents
House Ways and Means08/21/2020 Referred to

No related bill information was received for H.R.8082.


Subjects (8)


Latest Summary (1)

There is one summary for H.R.8082. View summaries

Shown Here:
Introduced in House (08/21/2020)

Freight Rail Assistance and Investment to Launch Coronavirus-era Activity and Recovery Act of 2020 or the Freight RAILCAR Act of 2020

This bill establishes a new tax credit for the replacement and modernization of qualified freight railcars. Specifically, it allows a credit for 50% of the sum of the qualifying replacement or modernization amount, the qualifying scrap amount, and the qualifying railcar facility and technology modernization amount.

The bill defines qualified freight railcar as a freight railcar that meets significant improvement requirements for capacity, fuel efficiency, or performance.