?With highways and airways becoming increasingly congested, pressure is on the railroads to accommodate the rising tide of freight,? Lott said in a news release. ?Tax relief in the bill would help freight railroads and railroad shippers expand their operations ? adding tracks, rail spurs and signals.?
The bill would create a 25 percent tax credit that would be available to taxpayers spending money for new freight infrastructure.
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Lisa Mascaro, Associated Press
, Mary Clare Jalonick, Associated Press
, Leah Askarinam, Associated Press
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July 3, 2025
House Republicans are pushing Trump’s big bill to the brink of passage
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