SB 292 IN

0likes☆Favorite🔕SubscribeShare

Passed One Chamber

Allows a taxpayer to claim a credit against state income tax liability for certain qualified railroad expenditures and qualified new rail infrastructure expenditures. Specifies the amount of the credit. Limits the total amount of credits that may be allowed in a state fiscal year to: (1) $10,000 for qualified railroad expenditures; and (2) $10,000 for qualified new rail infrastructure expenditures.

• Blake Doriot Republican · author
• Travis Holdman Republican · author
• Michael Crider Republican · author
• Dave Heine Republican · sponsor

1. Jan 13, 2025 First reading: referred to Committee on Homeland Security and Transportation · upper
2. Jan 13, 2025 Authored by Senators Doriot, Holdman, Crider · upper
3. Jan 21, 2025 Committee report: amend do pass adopted; reassigned to Committee on Tax and Fiscal Policy · upper
4. Jan 21, 2025 Senator Charbonneau added as coauthor · upper
5. Jan 23, 2025 Senators Byrne and Tomes added as coauthors · upper
6. Jan 23, 2025 Senator Rogers added as coauthor · upper
7. Feb 4, 2025 Committee report: amend do pass, adopted · upper
8. Feb 6, 2025 Senator Randolph added as coauthor · upper
9. Feb 6, 2025 Second reading: ordered engrossed · upper
10. Feb 6, 2025 Senators Maxwell and Alting added as coauthors · upper
11. Feb 10, 2025 Cosponsors: Representatives Miller D and King · upper
12. Feb 10, 2025 Third reading: passed; Roll Call 88: yeas 46, nays 3 · upper
13. Feb 10, 2025 House sponsor: Representative Heine · upper
14. Feb 10, 2025 Senator Leising added as coauthor · upper
15. Feb 11, 2025 Referred to the House · upper
16. Mar 3, 2025 First reading: referred to Committee on Ways and Means · lower
17. Mar 13, 2025 Representative Zimmerman added as cosponsor · lower