Authorizes a tax credit for certain railroad expenses

Summary

The bill would let qualifying short‑line railroads, rail‑siding owners, port authorities and city‑owned railroads claim a state tax credit equal to half of eligible railroad expenses. Credits are capped per mile of track and per new customer project, can be carried forward five years, and may be transferred to other taxpayers. It aims to encourage investment in rail maintenance and expansion within Missouri.

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