2025-11508Notice

Trains Dodge Inflation Tax with Revenue Threshold Tweaks

Published Date: 6/24/2025

Notice

Summary

The Surface Transportation Board updated the 2024 revenue thresholds railroads use to figure out their size and reporting rules. These new numbers adjust for inflation so railroads are classified by real growth, not just price changes. This affects all railroads starting January 1, 2024, and helps keep reporting fair and clear.

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Railroad Revenue Thresholds Updated

The Surface Transportation Board published the 2024 deflator factor (0.8375) and the inflation-adjusted revenue thresholds. For 2024, the Class I threshold is $1,074,600,816 and the Class II threshold is $48,237,637. These numbers are effective January 1, 2024 and determine how railroads are classified and which reporting requirements they must follow.

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Key Dates

Effective Date
Published Date
1/1/2024
6/24/2025

Department and Agencies

Department
Independent Agency
Agency
Surface Transportation Board
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