Missouri legislation · 2026 Regular Session
Missouri HB2941: Authorizes a tax credit for certain railroad expenses
Status: In committee, May 15, 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…
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 customer", a person who uses any railroad or railroad-related property, facilities, or structures located wholly or partly within the state of Missouri to directly or indirectly transport property, commodities, or goods, or who is served by any railroad, or who stores railcars on any railroad in Missouri; (2) "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; or (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 credit under this section is claimed; (3) "Eligible vendor", a person who provides railroad-related services directly to an eligible taxpayer; …
Sponsors
- Will Jobe (D, 021) · primary sponsor
Latest actions
- : Referred: Emerging Issues(H)
- : Read Second Time (H)
- : Introduced and Read First Time (H)
Common questions
- What is HB2941?
- HB2941 is a bill in the Missouri Legislature (2026 Regular Session): Authorizes a tax credit for certain railroad expenses.
- What does HB2941 do?
- In its own words: 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…
- What is the status of HB2941?
- In committee as of May 15, 2026. Latest action: Referred: Emerging Issues(H) (May 15, 2026).
- Who sponsored HB2941?
- Will Jobe (D, 021).
- Where is the official record for HB2941?
- On the Missouri Legislature website: https://house.mo.gov/BillContent.aspx?bill=HB2941&year=2026&code=R
Source: official Missouri record. Tracked by Delilah, AI for legislation across all 50 states and Congress.