Increases the railroad track maintenance credit amount and adjusts the inflation adjustment mechanism.

This bill amends the Internal Revenue Code to increase the credit amount for railroad track maintenance from $3,500 to $6,100. It also modifies the inflation adjustment to round increases to the nearest $100. The changes apply to expenditures incurred after December 31, 2024.

Increases the railroad track maintenance credit amount and adjusts the inflation adjustment mechanism.

This bill amends the Internal Revenue Code to increase the credit amount for railroad track maintenance from $3,500 to $6,100. It also modifies the inflation adjustment to round increases to the nearest $100. The changes apply to expenditures incurred after December 31, 2024.