GovTrack’s Bill Summary
We don’t have a summary available yet.
S. 885 (111th): Transportation Access for All Americans Act
- Introduced:
- Apr 23, 2009 (111th Congress, 2009–2010)
- Sponsor:
- Sen. Jeff Bingaman [D-NM]
- Status:
- Died (Referred to Committee)
- See Instead:
- This bill was re-introduced as S. 836 (112th) on Apr 14, 2011.
The bill’s title was written by the bill’s sponsor. S. stands for Senate bill.
Library of Congress Summary
The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.
4/23/2009--Introduced.
Transportation Access for All Americans Act - Amends the Internal Revenue Code to:
(1) allow accelerated depreciation of applicable leased highway property; and
(2) provide for amortization of intangibles relating to such property.
Defines "applicable leased highway property" as property subject to a lease between a taxpayer and a governmental entity under which the taxpayer leases a highway and associated improvements, receives a right-of-way on public lands underlying such highway and improvements, and receives a grant of a franchise or other intangible right to receive payments relating to the operation of such highway.
Prohibits private activity bond financing of applicable leased highway property.
House Republican Conference Summary
The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.
No summary available.
House Democratic Caucus Summary
The House Democratic Caucus does not provide summaries of bills.
So, yes, we display the House Republican Conference’s summaries when available even if we do not have a Democratic summary available. That’s because we feel it is better to give you as much information as possible, even if we cannot provide every viewpoint.
We’ll be looking for a source of summaries from the other side in the meanwhile.