Authorizes a tax credit for certain railroad expenses

HB 2941 creates a state tax credit for eligible Missouri railroads and rail infrastructure owners to offset certain track-related expenses. It allows short line railroads (Class II or III) and rail siding owners to claim a credit equal to 50% of qualified maintenance costs (up to $4.5 million annually) or new infrastructure projects (up to $10 million annually). Unused credits can be carried forward for up to five years or transferred to eligible customers or vendors. This bill directly affects rail companies and infrastructure projects meeting Missouri's specific eligibility criteria, effective for tax years beginning January 1, 2027.