The bill establishes the Kansas Railroad Hall of Fame to honor the significant contributions of individuals in the railroad industry and to celebrate Kansas's rich railroad heritage. The official site for the Hall of Fame will be the Great Plains Transportation Museum in Wichita, which is deemed suitable due to its focus on transportation. The bill also creates the Kansas Railroad Hall of Fame Selection Committee, which will oversee the management of the Hall of Fame and is responsible for selecting individuals for induction based on their achievements in the railroad industry.

The Selection Committee will consist of various members, including the executive directors of the Great Plains Transportation Museum and the State Historical Society, as well as representatives from the railroad industry and the public. The committee will have the authority to organize annual induction ceremonies, create a website, and accept donations to support the Hall of Fame's activities. The bill outlines the nomination process for candidates, the criteria for induction, and the responsibilities of the committee, ensuring transparency and public engagement in honoring Kansas's railroad legacy.