1999 Regular Session

HOUSE BILL 528

File Code: Income Prior Year Introduction As: SB 492/98 - B&T Crossfiled with: SENATE BILL 462
Sponsored By:
Delegates Hixson, Hubbard, Franchot, Shriver, Conroy, Rosso, and Carlson
Entitled:
Vehicle Emissions Testing Equipment - State Income Tax Credit

Synopsis:

Allowing a credit against the State income tax for 20% of the costs of equipment placed in service during the taxable year to be used in connection with transient mass-emission repair or testing at certain facilities; allowing unused tax credits to be carried forward for 5 taxable years; applying the Act to tax years after 1997 for equipment placed in service after 1997; and requiring the Department of the Environment to publish a list of equipment that complies with the requirements of the tax credit on or before December 31, 1999.

History by Legislative Date

House Action
2/11
First Reading Ways and Means
2/17
Hearing 3/9 at 1:00 p.m.
3/22

Favorable with Amendments Report by Ways and Means
Favorable with Amendments Report Adopted
Special Order 3/24 (Delegate Flanagan) Adopted
3/24
Floor Amendment (Delegate Flanagan) Rejected (41-89)
Floor Committee Amendment Adopted
Second Reading Passed with Amendments
3/25
Third Reading Passed (126-5)
Senate Action
3/26
First Reading Budget and Taxation
Sponsored by:
Delegate Sheila Ellis Hixson, District 20
Delegate Paul Carlson, District 39
Delegate Mary A. Conroy, District 23
Delegate Peter Franchot, District 20
Delegate James W. Hubbard, District 23
Delegate Mary Rosso, District 31
Delegate Mark K. Shriver, District 15
Bill indexed under the following Subjects:
AUTOMOTIVE REPAIR
ENVIRONMENT, DEPARTMENT OF
ENVIRONMENTAL MATTERS -see also- NAT. RESOURCES; POLLUTION
EQUIPMENT -see also- MOTOR VEHICLE EQUIPMENT
INCOME TAX
MOTOR VEHICLE INSPECTION
POLLUTION -see also- SEDIMENT CONTROL
TAX CREDITS -see also- CIRCUIT BREAKER
Bill affects the following Statute:
Tax - General
( 10-712 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)
Amendments:
House
Number: 065659/2 (PDF)     Offered on: March 22, 1999   at: 6:24 p.m.     Status: Adopted
Number: 185953/1 (PDF)     Offered on: March 24, 1999   at: 12:01 p.m.     Status: Adopted
Number: 753313/1 (PDF)     Offered on: March 24, 1999   at: 11:56 a.m.     Status: Rejected
Roll Call Votes (Legislative dates are shown):
House
March 24, 1999: Floor Amendment (Flanagan) {753313/1 Rejected (41-89)
March 25, 1999: Third Reading Passed (126-5)