4th Quarter - Report

VIKING NAVIGATION LLC for IOWA INTERSTATE RAILROAD, LTD

Firm
Client
Income
$110,000
Expenses
—

What was lobbied

3 issue areas, each in the filer's own words, with who lobbied on it and where.

Railroads RRR

Lobbying activity unrelated to pending legislation: -- Support for applications for federal project funding under 49 USC 22907 for projects in Iowa and Illinois -- Support for obligation and design of safe, efficient, and reliable projects in Illinois funded by the High Speed Intercity Passenger Rail (HSIPR) Program and other federal programs Lobbying activity related to legislation (draft and introduced): -- FY2025 Transportation-HUD Appropriations in general: Support for full funding for 49 USC 22907; opposition to provisions to reduce funding available for small freight railroad projects in 49 USC 22907; opposition to increases in truck size and weight -- Railway Safety Act of 2023 (S. 576): Support for amendments recognizing the operating characteristics and business practices of small freight railroads -- 26 USC 45G (S. 5008 and H.R. 9522 - To amend the Internal Revenue Code of 1986 to modify the railroad track maintenance credit.): Continued support of current tax treatment of assignments under 26 USC 45G(b) and adjustment of 26 USC 45G(b) credit limitation and 45G(d) eligible track miles.

Foreign entity interest: Minority interest foreign equity owners are not involved in funding or directing lobbying on these issues.

LobbyistCovered position, as disclosed
ADAM EDWARD NORDSTROM —

Contacted: Transportation, Dept of (DOT); HOUSE OF REPRESENTATIVES; SENATE; Federal Railroad Administration

Bills named: H.R. 9522 (118th), S. 5008 (118th), S. 576 (118th)

Budget/Appropriations BUD

Lobbying activity related to legislation (draft and introduced): -- FY2025 Transportation-HUD Appropriations in general: Support for full funding for 49 USC 22907; opposition to provisions to reduce funding available for small freight railroad projects in 49 USC 22907; opposition to increases in truck size and weight

Foreign entity interest: Minority interest foreign equity owners are not involved in funding or directing lobbying on these issues.

LobbyistCovered position, as disclosed
ADAM EDWARD NORDSTROM —

Contacted: HOUSE OF REPRESENTATIVES; Transportation, Dept of (DOT); SENATE

Taxation/Internal Revenue Code TAX

-- 26 USC 45G (S. 5008 and H.R. 9522 - To amend the Internal Revenue Code of 1986 to modify the railroad track maintenance credit.): Continued support of current tax treatment of assignments under 26 USC 45G(b) and adjustment of 26 USC 45G(b) credit limitation and 45G(d) eligible track miles.

Foreign entity interest: Minority interest foreign equity owners are not involved in funding or directing lobbying on these issues.

LobbyistCovered position, as disclosed
ADAM EDWARD NORDSTROM —

Contacted: SENATE; HOUSE OF REPRESENTATIVES

Bills named: H.R. 9522 (118th), S. 5008 (118th)

Shown as published by the Senate Office of Public Records and the House Clerk under the Lobbying Disclosure Act. The official filing is the record; open it for the full form.