Legislation

Title: Income Tax - Credit for Individuals Without Motor Vehicles (One Less Car Act of 2024)
Sponsored by: Delegate R. Lewis
Status: In the House - Hearing 2/01 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Allowing, for taxable years beginning after December 31, 2023, but before January 1, 2029, a credit against the State income tax for certain qualified taxpayers if, for at least 6 months of the taxable year, the taxpayers were not listed as an insured on another individual's personal motor vehicle liability insurance policy and the taxpayers and entities controlled by the taxpayers or the taxpayers' dependents did not own or lease a motor vehicle required to be registered with a state; making the credit refundable; etc.

Committees

Original:: Ways and Means Click to view Recorded Media

Committee Testimony

Witness List

Details

Bill File Type: Pre-Filed

Effective Date(s): July 1, 2024

History

Legislation History
Chamber House Calendar Date 11/01/2023 Legislative Date 11/01/2023 Action Pre-filed Proceedings
Chamber House Calendar Date 1/10/2024 Legislative Date 1/10/2024 Action First Reading Ways and Means Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Credit for Individuals Without Motor Vehicles (One Less Car Act of 2024) Proceedings
Chamber House Calendar Date 1/11/2024 Legislative Date 1/11/2024 Action Hearing 2/01 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	11/01/2023	11/01/2023	Pre-filed
House	1/10/2024	1/10/2024	First Reading Ways and Means
			Text - First - Income Tax - Credit for Individuals Without Motor Vehicles (One Less Car Act of 2024)
House	1/11/2024	1/11/2024	Hearing 2/01 at 1:00 p.m.

File Code

Subjects

Statutes