[wpcode id=”3772″]

Provides incentives to improve freight railroad infrastructure.

Creates various business and occupation, retail sales and use, and public utility tax exemptions and credits for class I, II, and III railroads and other eligible taxpayers for donated materials, maintenance, modernization, and new construction on short line railroad track.

Pending Committee action.

01/17/2023 First reading. Referred to House Committee on Finance.
01/31/2023 Hearing in the House Committee on Finance.
02/22/2023 House Committee on Finance recommends passage of substitute.
02/24/2023 Referred to House Committee on Rules for review.
03/15/2023 Placed on second reading in House.
03/16/2023 Third reading. Passed House.
03/20/2023 First reading in Senate. Referred to Senate Committee on Business, Financial Services, Gaming and Trade.
03/23/2023 Hearing in Senate Committee on Business, Financial Services, Gaming and Trade.
03/28/2023 Senate Committee on Business, Financial Services, Gaming and Trade recommended passage with amendment.
03/29/2023 Referred to Senate Committee on Ways and Means.
03/31/2023 Hearing in Senate Committee on Ways and Means.
04/23/2023 Returned to House Committee on Rules for third reading.