SB 1081 - Rizzo, John
Extends the sunset on the rolling stock tax credit
Bill Details
Sponsor
LR Number
5684S.01I
Title
SB 1081
House Handler
N/A
Journal Page
Effective Date
August 28, 2020
Committee
Current Status
Second Read and Referred S Economic Development Committee
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 1081 - Current law provides for a tax credit for eligible expenses incurred in the manufacture, maintenance, or improvement of a freight line company's qualified rolling stock, with such tax credit to expire on August 28, 2020. This act extends such credit until August 28, 2026.
This act is identical to a provision contained in HCS/SCS/SB 616 (2020) and SB 454 (2019).
JOSH NORBERG