West Virginia legislation · 2026 Regular Session
West Virginia SB592: WV Short Line Railroad Modernization Act
Status: Signed into law, April 1, 2026
What the bill says
An act to amend the Code of West Virginia, 1931, as amended, by adding a new article, designated §11-13NN-1, §11-13NN-2, §11-13NN-3, §11-13NN-4, §11-13NN-5, §11-13NN-6, §11-13NN-7, and §11-13NN-8, relating to creating the West Virginia Short Line Railroad Modernization Act; defining terms; setting out the amount of the tax credit; setting limitations on the credit; providing for requirements to claim the credit; setting out uses of the credit; providing for carryover of the credit; allowing the transfer of the credit; providing for review and accountability; and setting an effective date and s.
From the enrolled text, March 9, 2026:
AN ACT to amend the Code of West Virginia, 1931, as amended, by adding a new article, designated §11-13NN-1, §11-13NN-2, §11-13NN-3, §11-13NN-4, §11-13NN-5, §11-13NN-6, §11-13NN-7, and §11-13NN-8, relating to creating the West Virginia Short Line Railroad Modernization Act; defining terms; setting out the amount of the tax credit; setting limitations on the credit; providing for requirements to claim the credit; setting out uses of the credit; providing for carryover of the credit; allowing the transfer of the credit; providing for review and accountability; and setting an effective date and sunset date. ARTICLE 13NN. WEST VIRGINIA SHORT LINE RAILROAD MODERNIZATION ACT. §11-13NN-1. Short title. This article may be cited as the West Virginia Short Line Railroad Modernization Act. §11-13NN-2. Definitions. "Eligible taxpayer" or (2) Any owner or lessee of a rail siding, industrial spur, or industry track located on or adjacent to any Class II or Class III railroad in the State of West Virginia. "Department" means the West Virginia Department of Revenue. "Qualified new rail infrastructure expenditures" means expenditures for new rail infrastructure and improvements, which engineering; construction of new track such as industrial leads, switches, spurs, and sidings; rehabilitation of existing inactive track to reinstate operation; loading dock improvements; and transloading structures involved with servicing customer locations or expansions by any railroad located in West Virginia. "Qualified short line …