H.R. 3317 · 118th Congress
Rolling Stock Protection Act
- Stage
- Passed a chamber
- Sponsor
- Rick Crawford
- Introduced
- 2023-05-15
- Latest action
- 2024-05-22 · Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Summary
Rolling Stock Protection Act
This bill eliminates an exemption from the prohibition on using a type of federal financial aid to procure rail rolling stock for use in public transportation from certain manufacturers. Such prohibited manufacturers include ones that, among other things, are owned or controlled by a company based in a nonmarket economy country that is flagged for monitoring by the Office of the U.S. Trade Representative. Currently, this exemption applies to contracts made prior to the enactment of the prohibition.