Bill > AB219

This bill establishes two new tax credits for rail infrastructure in Wisconsin: a "Rail Infrastructure Modernization Credit" and a "Rail Infrastructure Maintenance Credit." The modernization credit, available for expenditures made after December 31, 2025, and before January 1, 2031, allows businesses to claim a credit equal to 50% of their qualified new rail infrastructure expenditures, such as acquiring right-of-way, constructing new track, or improving loading docks, with a maximum credit of $2 million per approved application. The maintenance credit, also available for the same period, allows businesses to claim a credit equal to 50% of their qualified short line railroad maintenance expenditures, including costs for track rehabilitation, labor, and wages for maintenance employees, with a limit of $5,000 per mile of railroad track owned or leased in the state. Both credits require certification from the Wisconsin Economic Development Corporation (WEDC) and can be carried forward for up to five years if not fully used. Importantly, these credits can be transferred or sold to other taxpayers, and partnerships, tax-option corporations, and limited liability companies cannot directly claim these credits but must pass the benefit to their partners, shareholders, or members. The bill also outlines provisions for the administration and revocation of these certifications, including penalties for misuse.

Budget and Finance, Transportation and Infrastructure

https://docs.legis.wisconsin.gov/2025/proposals/reg/asm/bill/ab219