IOWA INTERSTATE RAILROAD, LTD

Taxation/Internal Revenue Code

Lobbying activity related to legislation: -- 26 USC 45G (no pending legislation): Continued support of current tax treatment of assignments under 26 USC 45G(b)

TargetedSENATE

Railroads

Lobbying activity unrelated to pending legislation: -- Support for applications for federal project funding under 49 USC 22907 for projects in Iowa and Illinois -- Support for obligation and design of safe, efficient, and reliable projects in Illinois funded by the High Speed Intercity Passenger Rail (HSIPR) Program Lobbying activity related to legislation (draft and introduced): -- FY2024 Transportation-HUD Appropriations in general (drafts): Support for full funding for 49 USC 22907; opposition to provisions to reduce funding available for small freight railroad projects in 49 USC 22907; opposition to increases in truck size and weight -- Railway Safety Act of 2023 (S. 576): Support for amendments recognizing the operating characteristics and business practices of small freight railroads -- 26 USC 45G (no pending legislation): Continued support of current tax treatment of assignments under 26 USC 45G(b)

TargetedSENATE · HOUSE OF REPRESENTATIVES · Transportation, Dept of (DOT) · Federal Railroad Administration

Budget/Appropriations