Income tax; extend repealer on credit for certain railroad expenditures.

SB 2832 extends the expiration date for a Mississippi income tax credit that supports railroad infrastructure investments. It directly affects Class II and Class III railroads operating in Mississippi that make qualifying track reconstruction, replacement, or new infrastructure expenditures. The credit allows eligible railroads to claim up to 50% of qualifying costs (capped at $5,000 per mile of track or $1 million per new customer project), with unused credits transferable to other taxpayers for up to five years. This bill modifies the existing credit program (Section 27-7-22.42) to prevent its automatic termination on January 1, 2029, extending the program's availability.