Bill · S. 5203· Senate(119-S-5203)
TURBO Act
- Introduced
- 7/30/2026
- Last activity
- 7/30/2026 — Read twice and referred to the Committee on Finance.
- Sponsored by
- David McCormick
- Cosponsors
- - 0 - 1
- Introduced
- In Committee
What this bill would do
This bill, known as the "Transit for Urban Renewal and Business Opportunities Act" or the "TURBO Act," aims to amend the Internal Revenue Code of 1986. It proposes increasing the national limitation for qualified highway or surface freight transfer facilities from $30,000,000,000 to $45,000,000,000. Additionally, the bill would include the acquisition of rolling stock under the definition of mass commuting facilities. Finally, it modifies the speed limit for high-speed intercity rail facilities from 150 miles per hour to 110 miles per hour. These changes apply to bonds issued after the Act's enactment.
Yes· 3 of 9
Does this improve buses, trains and other public transport?+5
The inclusion of rolling stock as mass commuting facilities provides significant support for public transit expansion.
Does this repair or build roads and bridges?+3
The increase in the limitation for freight transfer facilities supports improved highway and surface logistics infrastructure.
Would business owners be better off under this?+3
Increased capacity for freight transfer facilities is beneficial for logistics and freight-related businesses.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
-
Increased funding for freight and highway facilities: By increasing the national limitation for qualified highway or surface freight transfer facilities to $45,000,000,000, more resources are made available for these specific projects (Section 2).
-
Expanded support for mass transit: Amending the code to include the acquisition of rolling stock under mass commuting facilities allows for broader use of funds for transit equipment (Section 3).
Potential Negative Impacts for People
- Reduction in high-speed rail capabilities: By lowering the speed limit for high-speed intercity rail facilities from 150 miles per hour to 110 miles per hour, the speed at which these facilities operate is reduced (Section 4).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Environment Energy And Infrastructure
- Improves Public Transit+5Improves Roads And Bridges+3Reduces Carbon Emissions+1
- Demographic And Interest Groups
- Good For Business Owners+3Good For Urban Residents+3Good For Low Income Households+2
- Economy And Finance
- Increases Job Creation+3Improves Economic Growth+2
- Governance And Ideology
- Improves Interstate Commerce+1
- 7/30/2026
- Read twice and referred to the Committee on Finance.
- 1 Cosponsor added.
- Introduced in Senate
Tammy DuckworthDemocrat · Illinois