Crapo, Wyden Introduce Legislation to Modernize Short Line and Regional Railroad Tax Credit
Washington, D.C.—U.S. Senate Finance Committee Chairman Mike Crapo (R-Idaho) and Ranking Member Ron Wyden (D-Oregon) today reintroduced bipartisan legislation to expand the Short Line Railroad Tax Credit that would help equip operators with essential resources to provide regional communities with safe, reliable rail infrastructure.
“Short line railroads are critical infrastructure that connect Idaho’s farmers, ranchers and manufacturers to national and global markets, supporting local jobs and driving economic growth in rural Idaho,” said Crapo. “Modernizing the Short Line Railroad Tax Credit will provide railroads with necessary certainty and resources to invest in safety, efficiency and long-term infrastructure improvements in our regional areas.”
