Implementation Date: January 2028

The Railroad Expenditures tax credit encourages investment in Missouri's shortline railroad infrastructure by supporting railroad maintenance, replacement, and expansion projects. The program provides tax credits for qualified railroad expenditures and qualified new rail infrastructure expenditures serving businesses throughout Missouri by providing localized freight transport. Eligible shortline railroad companies and businesses planning industrial spurs or tracks located on or adjacent to railroad tracks are encouraged to work with the Department of Economic Development to determine program eligibility. Expenditures made before January 1, 2027, are ineligible. The tentative implementation date for the Railroad Expenditures tax credit program is January 2028.