Search results
Results from the WOW.Com Content Network
Class I railroads had an annual operating revenue of at least $1 million, while Class III railroad incomes were under $100,000. Railroads in both classes were subject to reporting requirements on a quarterly or annual schedule. In 1925, the ICC reported 174 Class I railroads, 282 Class II railroads, and 348 Class III railroads. [1]
The tax credit originated with the American Jobs Creation Act of 2004. The credit was capped at $3,500 per mile of track, with eligibility for Class II and Class III railroads, any shippers who transport property using a Class II or Class III railroad, and companies that perform maintenance on or provide material to qualified railroads. [3]
TN - Texas and Northern Railway; TNCX - North American Car Corp.; General Electric Railcar Services Corp.; General Electric Rail Services Corp. (Lessee: Nestlé) TNER - Texas Northeastern Railroad; TNHR - Three Notch Railroad; TNM - Texas - New Mexico Railway; TNMR - Texas-New Mexico Railroad; Austin and Northwestern Railroad
The Class I threshold is $250 million, adjusted for inflation since 1991. [2]). As of 2021, a Class II railroad in the United States has an operating revenue greater than $39.2 million but less than $489.9 million. [3]
For the 10 years of the tax benefit period, reduced local school district revenues are substantially replaced with state funds through the state public school finance system. [4] The Texas Tax Code gives the Texas Comptroller's office responsibility and authority to adopt rules necessary for the implementation and administration of the program. [5]
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
The main offices of the Railroad Commission of Texas are located in the William B. Travis State Office Building. The agency is headquartered in the William B. Travis State Office Building at 1701 North Congress Avenue in Austin. [29] In addition, the Texas Railroad Commission has twelve oil and gas district offices located throughout the state.
This page was last edited on 24 December 2023, at 09:28 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.