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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