Introduced
S. 2758
Introduced in Senate · September 18, 2025September 10, 2025
Mr. Banks (for himself and Mr. Coons) introduced the following bill; which was read twice and referred to the Committee on Finance
A BILL
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the Internal Revenue Code of 1986 to provide a tax credit to encourage the replacement or modernization of inefficient, outdated freight railcars, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. Short title.
This Act may be cited as the “Freight Rail Assets Investment to Launch Commercial Activity Revitalization Act of 2025” or the “Freight RAILCAR Act of 2025”.