"Qualified new rail infrastructure expenditures"
Ind. Code § 6-3.1-38.1-3
in effectSec. 3. As used in this chapter, "qualified new rail infrastructure expenditures" means gross expenditures for new rail infrastructure, including:
(1) construction of new track infrastructure such as industrial leads, switches, spurs, sidings, rail loading docks, and transloading structures, and engineering and site preparation involved with servicing new customer locations;
(2) the expansion by a Class II or Class III railroad; or
(3) construction of new track infrastructure involved with servicing new customer locations located in a qualified rural county.
As added by P.L.173-2025, SEC.2.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/6Fetched: 10/17/2026