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.
01/08/2024 By resolution, reintroduced and retained in present status. Rules Committee relieved of further consideration. Referred to House Committee on Finance.
02/16/2024 Finance Committee relieved of further consideration. Referred to House Committee on Rules for third consideration..
02/07/2024 Placed on third reading by Rules Committee.
02/08/2024 Returned to second reading for amendment.
Floor amendment adopted. Rules suspended. Placed on third reading in the House.
02/08/2024 Third reading. Passed House.
02/12/2024 First reading in Senate. Referred to Senate Committee on Business, Financial Services, Gaming and Trade.
02/15/2024 Recommended favorably the Senate Committee on Business, Financial Services, Gaming and Trade. Referred to Senate Committee on Ways and Means.
02/19/2024 Referred to Senate Committee on Ways & Means.
02/22/2024 Executive session scheduled, but no action was taken in the Senate Committee on Ways & Means.
03/07/2024 By resolution, returned to House Committee on Rules for third reading.