The U.S. Supreme Court issued a unanimous decision that will allow railroads to challenge state methods for determining the value of railroad property, as well as how those methods are applied.
The case, CSX Transportation v. Georgia State Board of Equalization, reversed a decision by the U.S. Court of Appeals for the Eleventh Circuit that said the Railroad Revitalization and Regulatory Reform Act did not explicitly give railroads this right. The Supreme Court disagreed and said the language of the act was clear enough.
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