2010 House Bill 6222

Repeal railroad property tax credit

Introduced in the House

May 27, 2010

Introduced by Rep. Mark Meadows (D-69)

To repeal a property tax credit on expenditures made by railroad companies for track and rolling stock maintenance and improvements. An analysis of a similar bill introduced in 2005 showed that it would increase the taxes paid by railroads approximately $20 million.

Referred to the Committee on Tax Policy