S. 1532In Committee
A bill to amend the Internal Revenue Code of 1986 to modify the railroad track maintenance credit.
Increases the railroad track maintenance tax credit limit and broadens eligibility for qualified maintenance expenses
Plain-English overview
What this bill does
Increases the railroad track maintenance tax credit limit and broadens eligibility for qualified maintenance expenses
Key points
- Increase credit limit
- Expand expense eligibility
- Extend inflation adjustment
Current status
Where it stands
Status
In Committee
Latest action
2025-04-30 — Read twice and referred to the Committee on Finance.
Related context
Topics and policy areas
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