Establishing a shortline railroad restoration tax credit, and including effective date and retroactive applicability provisions

Where it is now

1. ✓
   Done: IntroducedFebruary 19, 2019
2. –
   Skipped: SubcommitteeSkipped
3. ✓
   Done: House committeeApril 17, 2019
4. ✕
   Stopped: Passes the HouseDied when the General Assembly ended
5. Next: Senate committee
6. Next: Passes the Senate
7. Next: To the Governor
8. Next: Signed into law

Died when the session ended The 2020 session adjourned on June 14, 2020, the General Assembly’s last regular session. Bills that didn’t pass both chambers died. What’s a funnel?

Fiscal note

Less revenue: up to $60,000 Compare with other bills

The new Shortline Railroad Restoration Tax Credit does not have a fiscal impact because the contingent applicability provision of the Bill forbids tax credit claims under the program until such time as the General Assembly sets the program’s annual amount. However, tax credits may still be earned in anticipation of future action by the General Assembly.

• Shortline Railroad Restoration Tax Credit · April 23, 2019
• Shortline Railroad Restoration Tax Credit · April 4, 2019
• Shortline Railroad Restoration Tax Credit · March 18, 2019

Nonpartisan cost estimates from the Legislative Services Agency’s Fiscal Services Division. The newest is first. Reading a fiscal note

Family tree

Where this legislation came from and where it went: earlier tries, the versions it moved through this Assembly, and later bills built on it.

Earlier and later bills are matched by wording or an identical title; check the text to be sure it’s the same idea.