,i  #aadth ,,congress  #ast ,session    
,h4 ,r4 #gba  ,,in ,,the ,,house ,,of   
,,representatives  ,february #d1 #bjae  
,ms4 ,jenkins of ,kansas 7for herself1  
,mr4 ,blumenauer1 ,mr4 ,rodney ,davis of
 ,illinois1 and ,mr4 ,lipinski7         
introduced the following bill2 which was
 referred to the ,committee on ,ways and
 ,means  ,a ,,bill  ,to amend the       
,internal ,revenue ,code of #aihf to    
extend and modify the railroad track    
maintenance credit4  #a4 ,short title   
,this ,act may be cited as the ,short   
,line ,railroad ,rehabilitation and     
,investment ,act of #bjae4  #b4         
,extension and modification of ,railroad
 ,track ,maintenance ,credit  7a7       
,extension of credit ,section #de;,g7f7 
of the ,internal ,revenue ,code of #aihf
 is amended by striking ,january #a1    
#bjae and inserting ,january #a1 #bjag4 
7b7 ,expenditures ,subsection 7d7 of    
section #de;,g of the ,internal ,revenue
 ,code of #aihf 7relating to qualified  
railroad track maintenance expenditures7

 is amended by striking for maintaining 
and all that follows and inserting  for 
maintaining-- 7,a7 in the case of       
taxable years beginning after ,december 
#ca1 #bjjd1 and before ,january #a1     
#bjae1 railroad track 7including        
roadbed1 bridges1 and related track     
structures7 owned or leased as of       
,january #a1 #bjje1 by a ,class ,,ii or 
,class ,,iii railroad 7determined       
without regard to any consideration for 
such expenditures given by the ,class   
,,ii or ,class ,,iii railroad which made
 the assignment of such track71 and     
7,b7 in the case of taxable years       
beginning after ,december #ca1 #bjad1   
railroad track 7including roadbed1      
bridges1 and related track structures7  
owned or leased as of ,january #a1      
#bjae1 by a ,class ,,ii or ,class ,,iii 
railroad 7determined without regard to  
any consideration for such expenditures 
given by the ,class ,,ii or ,class ,,iii
 railroad which made the assignment of  
such track74  4  7c7 ,effective date    

,the amendments made by this section    
shall apply to taxable years beginning  
after ,december #ca1 #bjad4