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Taxation Committee approves two bill-introduction requests for Neighborhood Revitalization and short-line rail credit amendments
Summary
The Committee approved requests to introduce RS2797 (Neighborhood Revitalization Act clarification language) and RS2634 (amendments to the short-line rail tax credit) without objection at its Nov. 21 meeting.
At the start of the Nov. 21 Committee on Taxation meeting, members approved two requests for bill introduction without objection.
Representative Hoffman asked to introduce RS2797, described as clarification language to the Neighborhood Revitalization Act; the chair recorded no objections and the committee approved the request.
Riley Scott, speaking on behalf of Waco and Cimarron Valley Railroad, requested introduction of RS2634, described as amendments to the existing short-line rail tax credit. The committee again recorded no objections and approved the request for introduction.
No formal committee votes on the merits of either proposal were taken; both were approved only for introduction to the legislative process.
