Railroad Track Maintenance Credit (Short Line Railroad Tax Credit)
Current understanding
To be populated as evidence accumulates.
Evidence log
- 2025-01-16 — To amend the Internal Revenue Code of 1986 to modify the railroad track maintenance credit.: HR516 (119th Congress, introduced/referred to House Ways and Means 2025-01-16) would raise the per-mile annual credit cap from $3,500 to $6,100 with post-2025 inflation indexing and move the ownership/lease eligibility cutoff from Jan 1, 2015 to Jan 1, 2024, benefiting short-line (Class II/III) railroads at increased federal revenue cost. (novelty: 2)
Open questions
Related
Contributing findings
To amend the Internal Revenue Code of 1986 to modify the railroad track maintenance credit.
16-jan-2025
novelty 2
per-area 2
introduces