2005 Senate Bill 357

Tax breaks for railroad maintenance

Introduced in the Senate

March 24, 2005

Introduced by Sen. Tony Stamas (R-36)

To authorize state single business tax credits equal to 10 percent of railroad maintenance expenditures by certain railroad companies, with a maximum credit of $1,000 per mile of railroad track.

Referred to the Committee on Economic Development, Small Business, and Regulatory Reform