The bill authorizes a tax credit for specific railroad expenses. This credit aims to provide financial relief or incentives for railroad companies by allowing them to offset certain costs through the tax credit. The bill likely intends to support and promote the railroad industry by reducing their tax burden and encouraging investment in rail infrastructure or operations.
2023-12-06: Prefiled (H)
2024-01-03: Read First Time (H)
2024-01-04: Read Second Time (H)
2024-02-01: Referred: Economic Development(H)
2024-02-21: Public Hearing Completed (H)
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