H.R. 6193 · 114th Congress
Freight Infrastructure Reinvestment Act of 2016
- Stage
- In committee
- Sponsor
- Adam Smith
- Introduced
- 2016-09-27
- Latest action
- 2016-09-27 · Introduced in House
Summary
Freight Infrastructure Reinvestment Act of 2016
This bill amends the Internal Revenue Code to impose a 1% tax on certain ground transportation of property within the United States.
In addition, the bill establishes: (1) a National Freight Mobility Infrastructure Fund, consisting of amounts equivalent to taxes received under the bill; and (2) a National Freight Mobility Infrastructure Improvement Program, through which the Department of Transportation is authorized to make competitive grants for eligible costs associated with projects to improve freight mobility.