45G tax credit

Baker to Congress: Don’t be short-sighted about short lines

When last we heard from American Short Line and Regional Railroad Association (ASLRRA) President Chuck Baker, he was testifying before the Senate Commerce Committee, Subcommittee on Transportation and Safety on the role Class II and III railroads play in supporting intermodal connections across the U.S. surface transportation network. He also urged support for the Short Line 45-G Tax Credit.

ASLRRA to Congress: Make 45G permanent

On the heels of Tuesday’s House Ways and Means Select Revenue Measures Subcommittee hearing on Temporary Policy in the Internal Revenue Code, American Short Line and Regional Railroad Association President Chuck Baker submitted comments to Congress to take action on tax-extender policies that include the 45G Short Line Tax Credit.

Baker to Senate: Short lines “more than a quaint name on the Monopoly Board”

In one of his first appearances before Congress as President of the American Short Line and Regional Railroad Association (ASLRRA), Chuck Baker testified before the Senate Commerce Committee, Subcommittee on Transportation and Safety on the role Class II and III railroads play in supporting intermodal connections across the U.S. surface transportation network.

45-G permanence inches closer

On Feb. 11, HR 510, which calls for permanence of the 45-G short line tax credit, formally received its 100th co-sponsor. The bill, introduced Jan. 11 by Reps. Earl Blumenauer (D-Ore.) and Mike Kelly (R-Pa.), “has rapidly garnered significant bi-partisan support, as it has every Congress since the credit was introduced in 2004,” said the American Short Line and Regional Railroad Association (ASLRRA). “House support for this legislation is growing at a record pace, with 106 co-sponsors in just four weeks.”