Exempts railroad rolling stock from sales and compensating use taxes.

Exempts railroad rolling stock from sales and compensating use taxes; defines "railroad rolling stock" as a device, which is used exclusively upon stationary rails or tracks to transport goods, commodities, or equipment, including, but not limited to, flat cars, box cars, gondolas, hopper cars, or other freight railroad cars.

Pending Committee action.

01/08/2025 Referred to Senate Committee on Budget and Revenue.