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S. 5008: A bill to amend the Internal Revenue Code of 1986 to modify the railroad track maintenance credit.

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S. 5008: A bill to amend the Internal Revenue Code of 1986 to modify the railroad track maintenance credit.

118th Congress · introduced 2024-09-10 · Taxation · Latest: Read twice and referred to the Committee on Finance.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2024-09-10 · official record
  2. Who proposed it: Sen. Wyden, Ron [D-OR] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Read twice and referred to the Committee on Finance. Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

A bill to amend the Internal Revenue Code of 1986 to modify the railroad track maintenance credit.

Plain summary

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What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

A bill to amend the Internal Revenue Code of 1986 to modify the railroad track maintenance credit.

Source: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-118s5008.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/118/s>

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The strongest published arguments

Arguments for (supporters)

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Arguments against (opponents)

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Sen. Wyden, Ron [D-OR] · 7 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Mike Crapo (R-ID), Jerry Moran (R-KS), Cindy Hyde-Smith (R-MS), John Thune (R-SD), Kevin Cramer (R-ND), Roger F. Wicker (R-MS), Ted Budd (R-NC)

Sponsor's campaign money: Sen. Wyden, Ron [D-OR] reported raising $1.9 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (1)
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong118-s5008 · catalog fed-us-congress-bills-cong118 · updated 2026-11-15 by psicol fed-bills-cong118