Regulatory

Acting FRA chief Hall resigns

Heath Hall, the acting administrator of the Federal Railroad Administration, the nation’s rail safety watchdog, resigned Feb. 11 amid allegations that he was working a second job as a public relations consultant.

Trump signs budget bill with small-railroad tax credit

The regional and short line railroad investment tax credit (known as 45G for its provision in the Internal Revenue Code) was signed into law by President Trump following its unexpected insertion into the massive two-year Bipartisan Budget Act of 2018 passed in the predawn hours Friday, Feb. 9, by the House and Senate.