119th Congress · introduced in the House · Jan 16, 2025
To amend the Internal Revenue Code of 1986 to modify the railroad track maintenance credit.
Official title from Congress.gov
Latest action (Jan 16, 2025): Referred to the House Committee on Ways and Means.
View on Congress.govPolicy area: Taxation
Congressional Research Service summary, version: Introduced in House (Jan 16, 2025)
This bill increases the annual limit on the tax credit for qualified railroad track maintenance expenses (also referred to as the short line railroad tax credit) and expands eligibility for claiming the credit.
Under current law, the tax credit is limited each tax year to $3,500 multiplied by the sum of the number of miles of railroad track owned or leased by the taxpayer (miles owned or leased) and the number of railroad track miles assigned to the taxpayer by a Class II or III railroad (miles assigned). This bill increases the annual limit to $6,100 multiplied by the sum of miles owned or leased and miles assigned. The $6,100 amount used in the calculation of the tax credit limit is adjusted for inflation for tax years beginning after 2025.
The bill also expands eligibility for the tax credit to include gross expenses for maintaining railroad tracks owned or leased as of January 1, 2024. Under current law, the tax credit is limited to gross expenses for maintaining railroad tracks owned or leased as of January 1, 2015.
Includes amendment, cloture, and procedural votes. Each is labeled with its exact question; only a passage question is a vote to pass the bill.
No recorded roll calls on this bill in coverage.
Referred to the House Committee on Ways and Means.
Introduced in House
Introduced in House
Actions from Congress.gov, newest first.
LD-2 reports whose issue descriptions explicitly cite this bill (bill type and number validated against Congress.gov records). A citation does not establish the client's position or any contact with a member.
Loading lobbying reportsCoverage: reports for 2025 onward, posted Jan 1, 2025 through Oct 24, 2026.
84 citations; showing the 25 most recently posted.
ALASKA RAILROAD CORP · lobbying firm or registrant: BLANK ROME GOVERNMENT RELATIONS
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 20, 2026 · issue area: Transportation
$50,000
Paid to lobbying firm
…on Authorization. Support repeal of DOT INFRA grants cap on rail and port projects. Support federal agency grant applications for Alaska rail projects. Support H.R.516 and S.1532 Shortline Railroad Tax Credit. Support DOT/FRA CRISI grant funding for Port MacKenzie Rail Extension. Issues related to Surface Transportation Reaut…
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
ANACOSTIA RAIL HOLDINGS COMPANY · lobbying firm or registrant: CARPI & CLAY, INC
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 20, 2026 · issue area: Taxation/Internal Revenue Code
$10,000
Paid to lobbying firm
Support for 45G (H.R. 516 and S. 1532).
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
PALMETTO RAILWAYS, A DIVISION OF THE SC DEPARTMENT OF COMMERCE · lobbying firm or registrant: TCH GROUP, LLC
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 16, 2026 · issue area: Transportation
$20,000
Paid to lobbying firm
HR 516/S 1532, bills to modernize the railroad track maintenance tax credit
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
AMERICAN SHORT LINE AND REGIONAL RAILROAD ASSOCIATION · lobbying firm or registrant: AMERICAN SHORT LINE AND REGIONAL RAILROAD ASSOCIATION
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 14, 2026 · issue area: Taxation/Internal Revenue Code
$145,500
Spent on own lobbying
HR 516 & S 1532 Short Line Tax Credit Modernization Act
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
RAILWAY ENGINEERING MAINTENANCE SUPPLIERS ASSOCIATION · lobbying firm or registrant: TGA ASSOCIATION MANAGEMENT SOLUTIONS, LLC
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 8, 2026 · issue area: Taxation/Internal Revenue Code
Amount not reported
Modernize 45G short line railroad tax credit (H.R. 516; S.1532).
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. View filing
NATIONAL RAILROAD CONSTRUCTION AND MAINTENANCE ASSOCIATION · lobbying firm or registrant: TGA ASSOCIATION MANAGEMENT SOLUTIONS, LLC
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 8, 2026 · issue area: Taxation/Internal Revenue Code
$30,000
Paid to lobbying firm
Modernize 45G short line railroad tax credit (H.R. 516; S. 1532).
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
TACOMA PUBLIC UTILITIES · lobbying firm or registrant: TACOMA PUBLIC UTILITIES
2026 Q2 report (Apr 1, 2026 – Jun 30, 2026) · posted Aug 5, 2026 · issue area: Railroads
$20,000
Spent on own lobbying
Short Line Rail Road funding (CRISI Grants) 45G Program (HR 516)
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
AMERICAN SHORT LINE AND REGIONAL RAILROAD ASSOCIATION · lobbying firm or registrant: AMERICAN SHORT LINE AND REGIONAL RAILROAD ASSOCIATION
2026 Q2 report (Apr 1, 2026 – Jun 30, 2026) · posted Jul 21, 2026 · issue area: Taxation/Internal Revenue Code
$145,500
Spent on own lobbying
HR 516 & S 1532 Short Line Tax Credit Modernization Act
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
ALASKA RAILROAD CORP · lobbying firm or registrant: BLANK ROME GOVERNMENT RELATIONS
2026 Q2 report (Apr 1, 2026 – Jun 30, 2026) · posted Jul 20, 2026 · issue area: Transportation
$50,000
Paid to lobbying firm
…on Authorization. Support repeal of DOT INFRA grants cap on rail and port projects. Support federal agency grant applications for Alaska rail projects. Support H.R.516 and S.1532 Shortline Railroad Tax Credit. Support DOT/FRA CRISI grant funding for Port MacKenzie Rail Extension. Issues related to Surface Transportation Reaut…
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
PALMETTO RAILWAYS, A DIVISION OF THE SC DEPARTMENT OF COMMERCE · lobbying firm or registrant: TCH GROUP, LLC
2026 Q2 report (Apr 1, 2026 – Jun 30, 2026) · posted Jul 16, 2026 · issue area: Transportation
$20,000
Paid to lobbying firm
HR 516/S 1532, bills to modernize the railroad track maintenance tax credit
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
ANACOSTIA RAIL HOLDINGS COMPANY · lobbying firm or registrant: CARPI & CLAY, INC
2026 Q2 report (Apr 1, 2026 – Jun 30, 2026) · posted Jul 13, 2026 · issue area: Taxation/Internal Revenue Code
$10,000
Paid to lobbying firm
Support for 45G (H.R. 516 and S. 1532).
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
RAILWAY ENGINEERING MAINTENANCE SUPPLIERS ASSOCIATION · lobbying firm or registrant: TGA ASSOCIATION MANAGEMENT SOLUTIONS, LLC
2026 Q2 report (Apr 1, 2026 – Jun 30, 2026) · posted Jul 10, 2026 · issue area: Taxation/Internal Revenue Code
Amount not reported
Modernize 45G short line railroad tax credit (H.R. 516; S.1532).
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. View filing
NATIONAL RAILROAD CONSTRUCTION AND MAINTENANCE ASSOCIATION · lobbying firm or registrant: TGA ASSOCIATION MANAGEMENT SOLUTIONS, LLC
2026 Q2 report (Apr 1, 2026 – Jun 30, 2026) · posted Jul 10, 2026 · issue area: Taxation/Internal Revenue Code
$30,000
Paid to lobbying firm
Modernize 45G short line railroad tax credit (H.R. 516; S. 1532).
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
TACOMA PUBLIC UTILITIES · lobbying firm or registrant: TACOMA PUBLIC UTILITIES
2026 Q1 report (Jan 1, 2026 – Mar 31, 2026) · posted May 11, 2026 · issue area: Railroads
$20,000
Spent on own lobbying
Short Line Rail Road funding (CRISI Grants) 45G Program (HR 516)
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
AMERICAN SHORT LINE AND REGIONAL RAILROAD ASSOCIATION · lobbying firm or registrant: AMERICAN SHORT LINE AND REGIONAL RAILROAD ASSOCIATION
2026 Q1 report (Jan 1, 2026 – Mar 31, 2026) · posted Apr 21, 2026 · issue area: Taxation/Internal Revenue Code
$145,500
Spent on own lobbying
HR 516 & S 1532 Short Line Tax Credit Modernization Act
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
RED RIVER VALLEY & WESTERN RAILROAD COMPANY · lobbying firm or registrant: VIKING NAVIGATION LLC
2026 Q1 report (Jan 1, 2026 – Mar 31, 2026) · posted Apr 21, 2026 · issue area: Railroads
Amount not reported
…and 46 USC 54301; -- Surface Transportation Reauthorization: Support for full funding for 49 USC 22907 and support for short line tax provisions; -- 26 USC 45G H.R. 516 & S. 1532 (119th Cong.) - To amend the Internal Revenue Code of 1986 to modify the railroad track maintenance credit: Continued support of current tax treatmen…
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. View filing
RED RIVER VALLEY & WESTERN RAILROAD COMPANY · lobbying firm or registrant: VIKING NAVIGATION LLC
2026 Q1 report (Jan 1, 2026 – Mar 31, 2026) · posted Apr 21, 2026 · issue area: Taxation/Internal Revenue Code
Amount not reported
Lobbying activity related to legislation (draft and introduced): -- 26 USC 45G H.R. 516 & S. 1532 (119th Cong.) and Surface Transportation drafts - To amend the Internal Revenue Code of 1986 to modify the railroad track maintenance credit: Continu…
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. View filing
P&L TRANSPORTATION, INC. (FKA APPALACHIAN & OHIO RAILROAD, INC.) · lobbying firm or registrant: VIKING NAVIGATION LLC
2026 Q1 report (Jan 1, 2026 – Mar 31, 2026) · posted Apr 21, 2026 · issue area: Railroads
$20,000
Paid to lobbying firm
…and 46 USC 54301; -- Surface Transportation Reauthorization: Support for full funding for 49 USC 22907 and support for short line tax provisions; -- 26 USC 45G H.R. 516 & S. 1532 (119th Cong.) - To amend the Internal Revenue Code of 1986 to modify the railroad track maintenance credit: Continued support of current tax treatmen…
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
P&L TRANSPORTATION, INC. (FKA APPALACHIAN & OHIO RAILROAD, INC.) · lobbying firm or registrant: VIKING NAVIGATION LLC
2026 Q1 report (Jan 1, 2026 – Mar 31, 2026) · posted Apr 21, 2026 · issue area: Taxation/Internal Revenue Code
$20,000
Paid to lobbying firm
Lobbying activity related to legislation (draft and introduced): -- 26 USC 45G H.R. 516 & S. 1532 (119th Cong.) and Surface Transportation drafts - To amend the Internal Revenue Code of 1986 to modify the railroad track maintenance credit: Continu…
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
PATRIOT RAIL COMPANY (FKA PIONEER LINES (FKA PIONEER RAILCORP)) · lobbying firm or registrant: VIKING NAVIGATION LLC
2026 Q1 report (Jan 1, 2026 – Mar 31, 2026) · posted Apr 20, 2026 · issue area: Railroads
$130,000
Paid to lobbying firm
…and 46 USC 54301; -- Surface Transportation Reauthorization: Support for full funding for 49 USC 22907 and support for short line tax provisions; -- 26 USC 45G H.R. 516 & S. 1532 (119th Cong.) - To amend the Internal Revenue Code of 1986 to modify the railroad track maintenance credit: Continued support of current tax treatmen…
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
PATRIOT RAIL COMPANY (FKA PIONEER LINES (FKA PIONEER RAILCORP)) · lobbying firm or registrant: VIKING NAVIGATION LLC
2026 Q1 report (Jan 1, 2026 – Mar 31, 2026) · posted Apr 20, 2026 · issue area: Taxation/Internal Revenue Code
$130,000
Paid to lobbying firm
Lobbying activity related to legislation (draft and introduced): -- 26 USC 45G H.R. 516 & S. 1532 (119th Cong.) and Surface Transportation drafts - To amend the Internal Revenue Code of 1986 to modify the railroad track maintenance credit: Continu…
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
IOWA INTERSTATE RAILROAD, LTD · lobbying firm or registrant: VIKING NAVIGATION LLC
2026 Q1 report (Jan 1, 2026 – Mar 31, 2026) · posted Apr 20, 2026 · issue area: Railroads
$12,000
Paid to lobbying firm
…and 46 USC 54301; -- Surface Transportation Reauthorization: Support for full funding for 49 USC 22907 and support for short line tax provisions; -- 26 USC 45G H.R. 516 & S. 1532 (119th Cong.) - To amend the Internal Revenue Code of 1986 to modify the railroad track maintenance credit: Continued support of current tax treatmen…
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
IOWA INTERSTATE RAILROAD, LTD · lobbying firm or registrant: VIKING NAVIGATION LLC
2026 Q1 report (Jan 1, 2026 – Mar 31, 2026) · posted Apr 20, 2026 · issue area: Taxation/Internal Revenue Code
$12,000
Paid to lobbying firm
Lobbying activity related to legislation (draft and introduced): -- 26 USC 45G H.R. 516 & S. 1532 (119th Cong.) and Surface Transportation drafts - To amend the Internal Revenue Code of 1986 to modify the railroad track maintenance credit: Continu…
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
OMNITRAX, INC. · lobbying firm or registrant: VIKING NAVIGATION LLC
2026 Q1 report (Jan 1, 2026 – Mar 31, 2026) · posted Apr 20, 2026 · issue area: Railroads
$80,000
Paid to lobbying firm
…and 46 USC 54301; -- Surface Transportation Reauthorization: Support for full funding for 49 USC 22907 and support for short line tax provisions; -- 26 USC 45G H.R. 516 & S. 1532 (119th Cong.) - To amend the Internal Revenue Code of 1986 to modify the railroad track maintenance credit: Continued support of current tax treatmen…
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
OMNITRAX, INC. · lobbying firm or registrant: VIKING NAVIGATION LLC
2026 Q1 report (Jan 1, 2026 – Mar 31, 2026) · posted Apr 20, 2026 · issue area: Taxation/Internal Revenue Code
$80,000
Paid to lobbying firm
Lobbying activity related to legislation (draft and introduced): -- 26 USC 45G H.R. 516 & S. 1532 (119th Cong.) and Surface Transportation drafts - To amend the Internal Revenue Code of 1986 to modify the railroad track maintenance credit: Continu…
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing