Missouri legislation · 2026 Regular Session
Missouri HB2716: Authorizes a tax credit for certain railroad expenses
Status: In committee, February 3, 2026
What the bill says
To amend chapter 135, RSMo, by adding thereto one new section relating to a tax credit for qualified railroad infrastructure investments. Section A. Chapter 135, RSMo, is amended by adding thereto one new section, to be known as section 135.1210, to read as follows: 135.1210. 1. As used in this section, the following terms mean: (1) "Eligible taxpayer": (a) Any short line railroad company located wholly or partly in the state of Missouri that is classified by the United States Surface Transportation board as a Class II or Class III railroad and subject to the tax imposed under chapter 143 or 1.
From the introduced text:
To amend chapter 135, RSMo, by adding thereto one new section relating to a tax credit for qualified railroad infrastructure investments. Section A. Chapter 135, RSMo, is amended by adding thereto one new section, to be known as section 135.1210, to read as follows: 135.1210. 1. As used in this section, the following terms mean: (1) "Eligible taxpayer": (a) Any short line railroad company located wholly or partly in the state of Missouri that is classified by the United States Surface Transportation board as a Class II or Class III railroad and subject to the tax imposed under chapter 143 or 148 who made qualified railroad expenditures in Missouri or qualified new rail infrastructure expenditures in Missouri during the tax year for which a state tax credit is claimed under this section; (b) Any owner or lessee of a rail siding, industrial spur, or industry track located on or adjacent to any railroad in the state of Missouri and subject to the tax imposed under chapter 143 or 148 who made qualified railroad expenditures in Missouri or qualified new rail infrastructure expenditures in Missouri during the tax year for which a state tax credit is claimed under this section; or (c) Any port authority existing under chapter 68 or any city-owned railroad that is not subject to the tax imposed …
Sponsors
- Diehl, Dane (R, 125) · primary sponsor