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2 Posts Found tagged with "tax credit"

Texas short line RRs can benefit from 45-G passage

December 22nd, 2020
December 22, 2020 – TRA Newswire - The 45 short line railroads operating in Texas got their Christmas gift several days early when the omnibus appropriations/coronavirus relief/tax legislation passed in Congress. That bill contained the law that makes permanent the...

Short-line tax credit couldn't get traction in TX lege but advances in DC

June 12th, 2019
June 12, 2019 - TRA Newswire/ProgressiveRailroading.com - A bill that would make the 45G short-line tax credit permanent has received support from a majority of U.S. House members, the American Short Line and Regional Railroad Association (ASLRRA) announced. A bill in this...

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