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TM - Texas Midland Railroad, Texas Mexican Railway; Kansas City Southern Railway TMAX - Tennessee River Pulp and Paper Company TMBL - Tacoma Municipal Belt Line Railway
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 Railroad Track Maintenance Tax Credit, also known as the 45G Tax Credit due to its tax line item reference in the Internal Revenue Code of 1986, Title 26, is a federal income tax credit for track maintenance conducted by short lines and regional railroads in the United States. The credit grants an amount equal to 50 percent of qualified ...
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]
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.
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The Texas & New Mexico Railway (reporting mark TXN) is a class III short-line railroad operating in west Texas and southeast New Mexico. The railroad line operates on 111 miles of track from a connection with the Union Pacific at Monahans, Texas , and terminates at Lovington, New Mexico .
Texas Central Railway MKT, SP: 1879 1891 Texas Central Railroad, Texas Midland Railroad: Not to be confused with the Texas Central Railway high speed rail project. Texas City Terminal Company: 1898 1921 Texas City Terminal Railway: Texas City Terminal Railway: 1893 1897 Texas City Terminal Company: Texas City Transportation Company: 1904 1920