California bills · 2025-2026 Regular Session
California SB 1287
Personal Income Tax Law: Corporation Tax Law: credits: shortline railroad expenditures and railroad infrastructure.
- Introduced
- In committee
- Passed Senate
- Passed House
- To Governor
- Became law
Sponsors
- Hurtado (Democratic)
Summary
Official abstract published by the California legislature· summary
The Personal Income Tax Law and the Corporation Tax Law allow various credits against the taxes imposed by those laws.
This bill, the Shortline Railroad Modernization Act of 2026, would allow credits against those taxes for each taxable year beginning on or after January 1, 2027, and before January 1, 2032, to a qualified taxpayer in an amount equal to 50% of the qualified shortline railroad expenditures and for each taxable year beginning on or after January 1, 2028, and before January 1, 2033, in an amount equal to 50% of the qualified new rail infrastructure expenditures, as defined and specified.
Existing law requires a bill authorizing a new tax expenditure to contain, among other things, specific goals, purposes, and objectives the tax expenditure will achieve, detailed performance indicators, and data collection requirements.
This bill would include additional information required for any bill authorizing a new tax expenditure.
This bill would take effect immediately as a tax levy.
Text versions
- 04/09/26 - Amended Senate· Apr 9, 2026
- 02/20/26 - Introduced· Feb 20, 2026
- SB1287
Roll-call votes
State vote data last updated Oct 15, 2026, 8:04 PM.
| Date | Vote | Result | Your legislators |
|---|---|---|---|
| May 4, 2026 Senate | Placed on suspense file | pass | Set your home in California to see |
| Apr 21, 2026 Senate | Do pass, but first be re-referred to the Committee on [Appropriations] | pass | Set your home in California to see |
| Apr 8, 2026 Senate | Do pass as amended, but first amend, and re-refer to the Committee on [Transportation] | pass | Set your home in California to see |
Actions
- May 14, 2026 · Senate
May 14 hearing: Held in committee and under submission. - May 8, 2026 · Senate
Set for hearing May 14. - May 4, 2026 · Senate
May 4 hearing: Placed on APPR. suspense file. - Apr 24, 2026 · Senate
Set for hearing May 4. - Apr 22, 2026 · Senate
From committee: Do pass and re-refer to Com. on APPR. (Ayes 12. Noes 0. Page 3985.) (April 21). Re-referred to Com. on APPR. - Apr 14, 2026 · Senate
Set for hearing April 21. - Apr 9, 2026 · Senate
Read second time and amended. Re-referred to Com. on TRANS. - Apr 8, 2026 · Senate
From committee: Do pass as amended and re-refer to Com. on TRANS. (Ayes 5. Noes 0. Page 3795.) (April 8). - Mar 25, 2026 · Senate
Set for hearing April 8. - Mar 4, 2026 · Senate
Referred to Coms. on REV. & TAX. and TRANS. - Feb 23, 2026 · Senate
Read first time. - Feb 23, 2026 · Senate
From printer. May be acted upon on or after March 23. - Feb 20, 2026 · Senate
Introduced. To Com. on RLS. for assignment. To print.