HB0588

Find a 2017 Bill:

2017 Regular Session

 

Entitled:

Income Tax Credit - Fueling Stations - Electric Vehicle Charging and Natural Gas Vehicle Refueling Equipment

Sponsored by:

Delegate Parrott

Status:

In the House - Hearing 2/23 at 1:00 p.m.


Synopsis:Allowing specified retail service station dealers a credit against the State income tax for any expense incurred for the installation of equipment necessary to offer recharging or refueling services to electric or natural gas vehicles; providing that the credit may not exceed $20,000; making the credit refundable; requiring the Comptroller to adopt regulations to provide for the administration of the credit; applying the Act to taxable years beginning after December 31, 2016; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Delegates Parrott, Anderton, Cassilly, Folden, Glass, Hornberger, Malone, Morgan, and West
Additional Facts:Bill File Type: Regular
Effective Date(s): July 1, 2017
Committee(s):
Ways and Means  View Committee Hearing
Broad Subject(s):Taxes - Income
Narrow Subject(s):Comptroller
Energy Matters -see also- Alt Energy Sou; Fuel; Power Plants
Equipment -see also- Motor Vehicle Equipment
Fuel -see also- Coal
Income Tax
Motor Vehicles -see also- Aband Veh; Ambulances; Buses; etc.
Rules and Regulations
Service Stations
Tax Credits
Statutes:Article - Tax - General
(10-741)

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions


February 24, 2017 9:44 A.M.