In CommitteeFiled Feb 5, 2026
Sponsor: Michael W. Halpin
Latest Action
Rule 3-9(a) / Re-referred to Assignments
May 22, 2026
Summary
The bill establishes the Short Line Railroad Modernization Act, giving Illinois taxpayers a credit for qualified railroad maintenance, reconstruction, and new rail‑infrastructure spending. It targets Class II and Class III railroads, owners of rail sidings or industrial spurs, and certain tax‑exempt entities, aiming to boost rail modernization, jobs, and environmental goals.
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