X

North Country Rep. Elise Stefanik co-sponsors bill that will help Massena Terminal Railroad Company

Posted 9/17/15

North Country Rep. Elise Stefanik, R-Willsboro, is a cosponsor of the Short Line Railroad Rehabilitation and Investment Act of 2015, which she says would be helpful to the Massena Terminal Railroad …

This item is available in full to subscribers.

Please log in to continue

Log in

North Country Rep. Elise Stefanik co-sponsors bill that will help Massena Terminal Railroad Company

Posted

North Country Rep. Elise Stefanik, R-Willsboro, is a cosponsor of the Short Line Railroad Rehabilitation and Investment Act of 2015, which she says would be helpful to the Massena Terminal Railroad Company.

The bill, H.R. 721, would renew a tax credit for investments and maintenance in small railroad companies.

“This legislation would spur important investment in our district, specifically at the Massena Terminal Railroad Company that services businesses like Alcoa,” said Stefanik.

The Short Line Railroad Tax Credit expired on Dec. 31, 2014, the press release from Stefanik’s office said. This legislation would reauthorize it retroactively for all of this year and for all of 2016.