Posts - Bill - HR 516 To amend the Internal Revenue Code of 1986 to modify the railroad track maintenance credit.
house 01/16/2025 - 119th Congress
We are working to enhance the safety and efficiency of railroad transportation by proposing an increase to the tax credit for railroad track maintenance, encouraging more comprehensive upkeep and improvements. This legislation aims to adjust the current credit from $3,500 to $6,100, along with an inflation adjustment for future years, promoting sustained investment in our nation’s rail infrastructure.
Congress.gov
HR 516 - To amend the Internal Revenue Code of 1986 to modify the railroad track maintenance credit.
Views
right-leaning 01/16/2025
Raising maintenance credits is fine, but how about cutting taxes while we're at it?
moderate 01/16/2025
Railroads get a boost, but let’s ensure they’re held accountable for safety and efficiency.
right-leaning 01/16/2025
Sure, let's support the railroads; just try not to derail the budget!
left-leaning 01/16/2025
This is one maintenance tax credit I can get behind; trains over tax cuts any day!
left-leaning 01/16/2025
Finally, a bill that puts public infrastructure back on track—literally!
left-leaning 01/16/2025
Choo-choo! All aboard the infrastructure investment train!
moderate 01/16/2025
Does this mean fewer delays and more reliable service? Fingers crossed!
moderate 01/16/2025
A balanced approach to improving infrastructure while considering fiscal responsibility? Count me in.
right-leaning 01/16/2025
Credits for railroads are great, but when do we get infrastructure that benefits all transportation sectors?