HR516119th CongressWALLET

To amend the Internal Revenue Code of 1986 to modify the railroad track maintenance credit.

Sponsored By: Representative Kelly (PA)

Introduced

Summary

Raises and indexes the railroad track maintenance tax credit. This bill would boost the base credit and add annual inflation adjustments to keep its value over time, and it would expand which maintenance work qualifies.

Bill Overview

Analyzed Economic Effects

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

Bigger tax credit for rail maintenance

Railroads and other businesses that pay for track maintenance would get a larger tax credit. The bill would raise the credit amount from $3,500 to $6,100 per eligible expenditure. It would apply to costs paid or incurred in tax years beginning after December 31, 2024. The law’s qualifying-expenditure reference date would be updated from January 1, 2015 to January 1, 2024. For tax years beginning after 2025, the $6,100 amount would rise each year with the cost-of-living adjustment, with increases rounded to the nearest $100.

Sponsors & CoSponsors

Sponsor

Kelly (PA)

PA • R

Cosponsors

  • Thompson (CA)

    CA • D

    Sponsored 1/16/2025

  • Moolenaar

    MI • R

    Sponsored 1/22/2025

  • Allen

    GA • R

    Sponsored 2/5/2025

  • Tenney

    NY • R

    Sponsored 2/5/2025

  • Johnson (SD)

    SD • R

    Sponsored 2/5/2025

  • Smith (NJ)

    NJ • R

    Sponsored 2/5/2025

  • Yakym

    IN • R

    Sponsored 2/5/2025

  • Brownley

    CA • D

    Sponsored 2/5/2025

  • LaHood

    IL • R

    Sponsored 2/5/2025

  • Cherfilus-McCormick

    FL • D

    Sponsored 2/5/2025

  • Nehls

    TX • R

    Sponsored 2/5/2025

  • Gonzalez, V.

    TX • D

    Sponsored 2/5/2025

  • Hudson

    NC • R

    Sponsored 2/7/2025

  • Thompson (MS)

    MS • D

    Sponsored 2/7/2025

  • Bost

    IL • R

    Sponsored 2/7/2025

  • Biggs (SC)

    SC • R

    Sponsored 2/7/2025

  • Kelly (MS)

    MS • R

    Sponsored 2/7/2025

  • Carter (LA)

    LA • D

    Sponsored 2/7/2025

  • Guest

    MS • R

    Sponsored 2/7/2025

  • Owens

    UT • R

    Sponsored 2/10/2025

  • Vasquez

    NM • D

    Sponsored 2/10/2025

  • Moulton

    MA • D

    Sponsored 2/10/2025

  • Moore (UT)

    UT • R

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  • Thompson (PA)

    PA • R

    Sponsored 2/24/2025

  • Davis (IL)

    IL • D

    Sponsored 2/24/2025

  • Mann

    KS • R

    Sponsored 2/24/2025

  • Shreve

    IN • R

    Sponsored 2/25/2025

  • Westerman

    AR • R

    Sponsored 2/26/2025

  • Comer

    KY • R

    Sponsored 2/26/2025

  • Cleaver

    MO • D

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  • Schmidt

    KS • R

    Sponsored 3/3/2025

  • Baumgartner

    WA • R

    Sponsored 3/3/2025

  • Maloy

    UT • R

    Sponsored 3/4/2025

  • Moore (NC)

    NC • R

    Sponsored 3/4/2025

  • Morrison

    MN • D

    Sponsored 3/10/2025

  • Bergman

    MI • R

    Sponsored 3/10/2025

  • Riley (NY)

    NY • D

    Sponsored 3/18/2025

  • Miller (WV)

    WV • R

    Sponsored 3/18/2025

  • Scott, Austin

    GA • R

    Sponsored 3/18/2025

  • Webster (FL)

    FL • R

    Sponsored 3/18/2025

  • Hill (AR)

    AR • R

    Sponsored 3/24/2025

  • Suozzi

    NY • D

    Sponsored 3/26/2025

  • Estes

    KS • R

    Sponsored 3/31/2025

  • Crawford

    AR • R

    Sponsored 3/31/2025

  • Gillen

    NY • D

    Sponsored 4/1/2025

  • McCollum

    MN • D

    Sponsored 4/7/2025

  • Bean (FL)

    FL • R

    Sponsored 4/7/2025

  • Dunn (FL)

    FL • R

    Sponsored 4/8/2025

  • Rouzer

    NC • R

    Sponsored 4/9/2025

  • Kelly (IL)

    IL • D

    Sponsored 4/10/2025

  • Ellzey

    TX • R

    Sponsored 4/10/2025

  • Van Drew

    NJ • R

    Sponsored 4/17/2025

  • Bishop

    GA • D

    Sponsored 4/28/2025

  • Rogers (AL)

    AL • R

    Sponsored 4/29/2025

  • Davids (KS)

    KS • D

    Sponsored 4/29/2025

  • Budzinski

    IL • D

    Sponsored 5/1/2025

  • McCormick

    GA • R

    Sponsored 5/1/2025

  • Omar

    MN • D

    Sponsored 5/1/2025

  • Rogers (KY)

    KY • R

    Sponsored 5/5/2025

  • Barr

    KY • R

    Sponsored 5/5/2025

  • Messmer

    IN • R

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  • Sewell

    AL • D

    Sponsored 5/8/2025

  • Titus

    NV • D

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  • Bresnahan

    PA • R

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  • Aderholt

    AL • R

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  • Womack

    AR • R

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  • Goldman (TX)

    TX • R

    Sponsored 5/14/2025

  • Morelle

    NY • D

    Sponsored 5/14/2025

  • Cole

    OK • R

    Sponsored 5/14/2025

  • Stauber

    MN • R

    Sponsored 5/19/2025

  • Scholten

    MI • D

    Sponsored 5/19/2025

  • Gottheimer

    NJ • D

    Sponsored 5/20/2025

  • Garamendi

    CA • D

    Sponsored 6/2/2025

  • Huizenga

    MI • R

    Sponsored 6/2/2025

  • Barrett

    MI • R

    Sponsored 6/2/2025

  • McDonald Rivet

    MI • D

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  • Taylor

    OH • R

    Sponsored 6/2/2025

  • Carbajal

    CA • D

    Sponsored 6/4/2025

  • Veasey

    TX • D

    Sponsored 6/4/2025

  • Fischbach

    MN • R

    Sponsored 6/6/2025

  • LaMalfa

    CA • R

    Sponsored 6/6/2025

  • Walberg

    MI • R

    Sponsored 6/11/2025

  • Kean

    NJ • R

    Sponsored 6/17/2025

  • Carter (GA)

    GA • R

    Sponsored 6/24/2025

  • Rulli

    OH • R

    Sponsored 6/24/2025

  • Fitzpatrick

    PA • R

    Sponsored 6/25/2025

  • Graves

    MO • R

    Sponsored 6/25/2025

  • Fallon

    TX • R

    Sponsored 7/14/2025

  • Miller-Meeks

    IA • R

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  • Adams

    NC • D

    Sponsored 7/14/2025

  • Begich

    AK • R

    Sponsored 7/17/2025

  • Fry

    SC • R

    Sponsored 7/17/2025

  • Soto

    FL • D

    Sponsored 7/17/2025

  • Wilson (SC)

    SC • R

    Sponsored 7/17/2025

  • Haridopolos

    FL • R

    Sponsored 7/21/2025

  • Cohen

    TN • D

    Sponsored 7/21/2025

  • Miller (IL)

    IL • R

    Sponsored 8/5/2025

  • Lawler

    NY • R

    Sponsored 8/5/2025

  • Gray

    CA • D

    Sponsored 8/5/2025

  • Lucas

    OK • R

    Sponsored 8/5/2025

  • Miller (OH)

    OH • R

    Sponsored 8/5/2025

  • Schrier

    WA • D

    Sponsored 8/5/2025

  • Smith (NE)

    NE • R

    Sponsored 9/3/2025

  • Frankel, Lois

    FL • D

    Sponsored 9/3/2025

  • DelBene

    WA • D

    Sponsored 9/8/2025

  • Williams (TX)

    TX • R

    Sponsored 9/8/2025

  • Van Orden

    WI • R

    Sponsored 9/9/2025

  • Vindman

    VA • D

    Sponsored 9/9/2025

  • Loudermilk

    GA • R

    Sponsored 9/9/2025

  • Moran

    TX • R

    Sponsored 9/15/2025

  • Bell

    MO • D

    Sponsored 9/15/2025

  • Hern (OK)

    OK • R

    Sponsored 9/17/2025

  • Pfluger

    TX • R

    Sponsored 10/3/2025

  • Sorensen

    IL • D

    Sponsored 10/3/2025

  • Craig

    MN • D

    Sponsored 10/10/2025

  • Mills

    FL • R

    Sponsored 10/24/2025

  • Pappas

    NH • D

    Sponsored 10/24/2025

  • Baird

    IN • R

    Sponsored 10/24/2025

  • Harder (CA)

    CA • D

    Sponsored 10/24/2025

  • Del. Norton, Eleanor Holmes [D-DC-At Large]

    DC • D

    Sponsored 10/24/2025

  • Schneider

    IL • D

    Sponsored 11/10/2025

  • Pocan

    WI • D

    Sponsored 11/10/2025

  • Sanchez

    CA • D

    Sponsored 11/10/2025

  • Harris (NC)

    NC • R

    Sponsored 11/10/2025

  • Balint

    VT • D

    Sponsored 11/17/2025

  • Del. Plaskett, Stacey E. [D-VI-At Large]

    VI • D

    Sponsored 11/17/2025

  • Meuser

    PA • R

    Sponsored 11/17/2025

  • Ezell

    MS • R

    Sponsored 11/18/2025

  • McClain Delaney

    MD • D

    Sponsored 12/1/2025

  • Simon

    CA • D

    Sponsored 12/10/2025

  • Norcross

    NJ • D

    Sponsored 12/10/2025

  • Simpson

    ID • R

    Sponsored 12/10/2025

  • Mannion

    NY • D

    Sponsored 12/10/2025

  • Balderson

    OH • R

    Sponsored 12/10/2025

  • Weber (TX)

    TX • R

    Sponsored 12/10/2025

  • Beatty

    OH • D

    Sponsored 12/10/2025

  • Norman

    SC • R

    Sponsored 12/16/2025

  • Watson Coleman

    NJ • D

    Sponsored 1/12/2026

  • Rose

    TN • R

    Sponsored 1/12/2026

  • Burchett

    TN • R

    Sponsored 1/20/2026

  • Langworthy

    NY • R

    Sponsored 1/20/2026

  • Babin

    TX • R

    Sponsored 1/30/2026

  • Patronis

    FL • R

    Sponsored 1/30/2026

  • Carson

    IN • D

    Sponsored 2/3/2026

  • Costa

    CA • D

    Sponsored 2/3/2026

  • Larsen (WA)

    WA • D

    Sponsored 2/4/2026

  • Tonko

    NY • D

    Sponsored 2/9/2026

  • Bacon

    NE • R

    Sponsored 2/11/2026

  • Wittman

    VA • R

    Sponsored 2/20/2026

Roll Call Votes

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