HOUSE BILL 1362

File Code: Taxes - Income Prior Year Introduction As: HB 861/02 - W&M

Sponsored By:

Delegates Hixson, Franchot, Heller, and Murray

Entitled:

Tax Credit for Cost of Automated External Defibrillator

Synopsis:

Allowing an individual or business entity to claim a credit against the State income tax for 25% of the purchase price of an automated external defibrillator; providing that the credit may not exceed the lesser of $500 or the State income tax for that taxable year and that any unused credit may not be carried over to any other taxable year; making the credit applicable to all tax years after 2004; etc.

History by Legislative Date

House Action

2/19

First Reading House Rules and Executive Nominations

3/1

Re-referred Ways and Means

3/3

Hearing 3/17 at 1:00 p.m.

Senate Action

No Action

Sponsored by:

Delegate Sheila E. Hixson, District 20

Delegate Peter Franchot, District 20

Delegate Henry B. Heller, District 19

Delegate Gareth E. Murray, District 20

Bill indexed under the following Subjects:

EQUIPMENT -see also- MOTOR VEHICLE EQUIPMENT

HEALTH -see also- MENTAL HEALTH

INCOME TAX

TAX CREDITS -see also- CIRCUIT BREAKER

Bill affects the following Statute:

Tax - General

( 10-725 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered