Following the impact that the worldwide COVID-19 pandemic had on our nation’s most vital industries, including the domestic freight railcar manufacturing industry, 29 bipartisan members of Congress have come together in support of the 2022 Freight RAILCAR Act (H.R. 7902) to spur investment in a key part of our transportation sector.
The bipartisan bill has been hailed as an “environmental game changer.”
It supports 65,000 rail manufacturing and supply jobs and provides tax credits to encourage the replacement or modernization of North America’s freight railcar fleet with higher capacity, more fuel-efficient freight railcars now, rather than years from now.
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