Freight Rail Infrastructure Capacity Expansion Act

There is a piece of legislation in Congress, HR 1806 http://thomas.loc.gov/cgi-bin/bdquery/z?d111:h1806: . The synopsis is that it gives companies a 25% tax credit against freight rail infrastructure investments.

It is a largely bi-partisan bill, sponsored by Congressman Meek - VA (D). Work is being done to get it passed, but if there is enough support, it may be rolled into a larger piece of economic legislation.

I personally think this is one of those pieces of legislation that both sides of politics should be able to agree on. It is a tax credit of business, but only against money spent on infrastructure improvements - which requires putting people to work. In addition, with the push towards energy efficiency, increasing rail capacities for shipment of goods fits in that agenda; it is environmentally conscious as well.

Finally, in regards to Philadelphia, I also believe shipping/freight is a well paying, blue collar sector that can grow since we are well suited geographically for this.

I am collecting names of people that would like to support and will be faxing a letter to our Congressional representatives and US Senators. If you would like to be included in support, Contact Me and send me your name and address.

Adam Lang