Summary: The bill amends the Internal Revenue Code of 1986 to permanently extend the railroad track maintenance credit, and for other purposes. his Act may be cited as the “Building Rail Access for Customers and the Economy Act of 2019” or the “BRACE Act of 2019”. Cosponsors
ANGIE CRAIG’S POSITION: Representative Craig cosponsored the resolution on 3/18/19.
STATUS: Introduced 1/9/19 by Rep. Blumenauer, Earl [D-OR-3] .
ORGANIZATIONS IN SUPPORT OF THE BILL:
- Oregon Rep. Blumenauer makes move for permanent short-line railroad tax credit. (Source: Jeff Berman, Logistics Management, January 16, 2019)