A bill to amend the Internal Revenue Code of 1986 to modify the railroad track maintenance credit.

This bill increases the federal tax credit for railroad track maintenance from $3,500 to $6,100 per mile of track maintained. It also adds an annual inflation adjustment starting in 2025, tying future credit amounts to the cost-of-living index. The change applies to expenditures paid or incurred after December 31, 2024, affecting railroad companies that maintain track infrastructure. The bill directly modifies the tax code to provide higher, inflation-indexed financial support for railroad maintenance costs.