not be includible in the gross income of such rail carrier for purposes of the Internal Revenue Code of 1986. (d) Applicability of law Section 28103 shall apply to property described in subsection (a). . (b) Clerical amendment The analysis for chapter 261 of title 49, United States Code, is amended by adding at the end the following: 26107. Acquiring freight rail right-of-way. . 7. Operators deemed rail carriers and employers Section 22905(b) of title 49, United States Code, is amended— (1) in the heading by striking Operators and inserting Covered persons