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Rail News: Short Lines & Regionals

Sen. Reid talked short lines, tax credit at 'Day on the Hill'

U.S. Sen. Harry Reid (D-Nev.) met Nevada Northern Railway Museum Executive Director Mark Bassett at Railroad Day on Capitol Hill March 15 to discuss the development of short lines and success of freight rail in Nevada.

"Rail transportation is essential to Nevada's economy and I am committed to ensuring that we develop this important infrastructure," said Reid in a prepared statement.

The two also discussed the Section 45G short-line tax credit, which is set to expire at year's end. A bill in the House (H.R. 721) and Senate (S. 411) seek to extend the credit through 2016.

"Tax credits for infrastructure maintenance ensure that railroads like the Northern Nevada Railway can invest in their rail lines and grow in the future," said Reid.

Contact Progressive Railroading editorial staff.

More News from 3/18/2013