Short Line group has record turnout on Capitol Hill

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WASHINGTON — A record number of railroad lobbyists, suppliers, and railroad customers met with Congressional leaders during the American Short Line and Regional Railroad Association’s annual Railroad Day on Capitol Hill earlier this month

More than 360 congressional officers hosted meetings for more than 450 rail industry representatives — a record number of participants for the annual event that has been held since 1999, the association reports.

Discussion topics included balanced regulation and tax reform, including the BRACE Act, or the 45G tax credit, which is currently renewed by lawmakers each year.

The Building Rail Access for Customers and the Economy Act allows short line railroads to claim 50 percent of their track maintenance costs as an income tax credit. The association hopes that lawmakers will make the annual extensions permanent.

Rail industry representatives lobbying on behalf of the credit say the bill would allow short line and regional railroads to plan long-term investments in their infrastructure.

NEWSWIRETrains News Wire

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