Congress·In Committee·S. 1532

Railroad Track Maintenance Tax Credit Increase

A bill to amend the Internal Revenue Code of 1986 to modify the railroad track maintenance credit.

⏸

Stalled

No legislative action in over 90 days.

Legislative Progress

Senate

House

President

Law

This bill increases a federal tax credit that helps smaller railroad companies pay for track repairs. The credit would jump from $3,500 to $6,100 for every mile of track they maintain.
Starting in 2026, the credit amount would automatically increase each year to keep up with inflation. This helps ensure the tax break stays useful even as the cost of steel, wood, and labor goes up.
These smaller 'short-line' railroads are vital for rural areas, connecting local farms and factories to the national rail network. Better tracks mean fewer accidents and more reliable shipping for goods.
The new rules would apply to money spent on repairs starting in 2025. By making it cheaper to fix tracks, the bill aims to improve the safety and efficiency of the nation's transportation infrastructure.

2 milestones2 actions

Apr 30, 2025Senate

Read twice and referred to the Committee on Finance.

Apr 30, 2025

Introduced in Senate

1 bill

To amend the Internal Revenue Code of 1986 to modify the railroad track maintenance credit.

Jan 16 — Referred to the House Committee on Ways and Means.

Document Type

Congressional Bill

Official Title

A bill to amend the Internal Revenue Code of 1986 to modify the railroad track maintenance credit.

Bill NumberS 1532

Congress119th Congress

ChamberSenate

Latest ActionRead twice and referred to the Committee on Finance.

(37)

D: 14R: 22I: 1

Congress.gov

Official legislative information

Analysis generated by AI. Always verify with official sources.