Illinois 2025-2026 Regular Session

Illinois House Bill HB2832

Introduced

2/5/25

Refer

2/6/25

Refer

3/4/25

Refer

3/21/25

SHORT LINE RAILROAD ACT

No companion bills found.

Railroads: contract crew transportation vehicles.

Income tax; reenact and extend repealer on credit for certain railroad expenditures.

Income tax; reenact and extend repealer on credit for qualified railroad reconstrution or replacement expenditures.

Income tax; reenact and extend repealer on credit for certain railroad expenditures.

Income tax; authorize credit for certain expenditures for railroad reconstruction or replacement or new rail infrastructure.

Authorizes a tax credit for certain railroad infrastructure investments

Taxation; authorize income tax credit for certain railroad expenditures, allow ad valorem tax exemption for certain property.

Authorizes a tax credit for certain railroad construction expenses