PlainBillCongress, translated.Legislation. Context. Public interest.Placed on Senate Legislative Calendar under General Orders. Calendar No. 225.
Congressional Research Service
Version 00 · Introduced in Senate · Nov 3, 1995
Intercity Passenger Rail Trust Fund Act of 1995 - Amends the Internal Revenue Code to establish the Intercity Passenger Rail Trust Fund to finance qualified expenses of: (1) the National Railroad Passenger Corporation; and (2) eligible States. Makes appropriations in specified amounts for FY 1996 through FY 2000 to such Fund. Directs the Secretary of Transportation, by October 1, 2000, to determine and retain the amount in the Intercity Passenger Rail Fund necessary to pay any outstanding qualified expenses, and to transfer any amount not so retained to the Mass Transit Fund. Authorizes the Secretary to transfer from time to time from the Highway Trust Fund to the Intercity Passenger Rail Trust Fund the intercity passenger rail portion of specified funds appropriated to the Highway Trust Fund. Prohibits a deduction for interest paid on loans with respect to any endowment or annuity insurance contracts owned by the taxpayer covering any individual.
People & committees
Sen. Roth Jr., William V. [R-DE] · R–DE
Legislative record
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Placed on Senate Legislative Calendar under General Orders. Calendar No. 225.
Committee on Finance. Original measure reported to Senate by Senator Roth. With written report No. 104-168.
Committee on Finance. Original measure reported to Senate by Senator Roth. With written report No. 104-168.
Introduced in Senate
Committee on Finance ordered to be reported an original measure.
Primary sources
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Source last updated: Aug 21, 2025. Consult Congress.gov for the current record.
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