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S2758Referred to Committee

Freight RAILCAR Act of 2025

Share:
Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-09-10
Introduced
2
Cosponsors
S
ⓘ
Type

Sponsor

Jim Banks
Jim Banks
Republican · IN · Senator
Votes with party: 76.5% (879 recorded votes)

Full profile: /officials/B001299

Source: Congress.gov · FEC

Cosponsors (2)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

  • Christopher A. Coons (D-DE)Original· 2025-09-10
  • Jeff Merkley (D-OR)· 2026-05-13

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Read twice and referred to the Committee on Finance.

2025-09-10

Source: Congress.gov

Committee Activity

Previously

  • Senate Committee on FinanceReferred To · 2025-09-10

Plain-English Summary

The proposal would modify tax rules related to freight railcars, likely affecting how railroad companies and businesses that own or lease freight cars calculate their taxes. The changes could impact shipping costs and logistics expenses for companies that transport goods by rail, potentially affecting prices for consumers and businesses that rely on rail freight services.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Taxation
Full bill text is not yet cached locally.
Open text viewRead on Congress.gov

Related legislation

Bills by the same sponsor or covering overlapping subjects.

  • S5267Accountable Produce is Medicine Act of 2026
    Referred to Committee · 2026-08-05
  • S3589RISE Act
    Reported by Committee · 2026-08-05
  • S5242Prescription Information Modernization Act of 2026
    Referred to Committee · 2026-08-04
  • S5172Kidd’s Stuttering Act
    Referred to Committee · 2026-07-29