Bills › 88th General Assembly

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

Topics:TaxesTax credits & incentives

Same legislation: HSB 196, HF 655, SF 630

Write your legislators about it

Also covers HSB 196 and HF 655 and SF 630.

Where it is now

  1. Done: IntroducedFebruary 19, 2019
  2. Done: SubcommitteeFebruary 20, 2019
  3. Done: Senate committeeApril 17, 2019
  4. Skipped: Passes the SenateContinued as SF 630
  5. Next: House committee
  6. Next: Passes the House
  7. Next: To the Governor
  8. Next: Signed into law

Became SF 630 → Its progress continues under the new number. Go to SF 630 What’s a funnel?

Senate subcommittee

Named February 20, 2019. It hasn’t reported yet.

Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part

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.

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.