SB1146 - Creates a property tax credit for certain expenses incurred by freight line companies

SB 1146

Creates a property tax credit for certain expenses incurred by freight line companies

Sponsor:

Clemens

LR Number:

5075S.01I

Committee:

Ways & Means

Last Action:

2/20/2008 - Second Read and Referred S Ways & Means Committee

Journal Page:

S317

Title:

Calendar Position:

Effective Date:

August 28, 2008

Current Bill Summary

SB 1146 - This act authorizes a property tax credit for expenses incurred to manufacture, maintain, or improve a freight line company's qualified rolling stock up to the amount of their tax liability. Any loss in revenue from a political subdivision will be reimbursed by the state.

JASON ZAMKUS

Amendments