SB 1146
Creates a property tax credit for certain expenses incurred by freight line companies
Sponsor:
LR Number:
5075S.01I
Committee:
Last Action:
2/20/2008 - Second Read and Referred S Ways & Means Committee
Journal Page:
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