Passed BothConf. Cmte
- Income Tax Credit - Fueling Stations - Electric Vehicle Charging and Natural Gas Vehicle Refueling Equipment
- Sponsored by
- Delegates Parrott, Anderton, Cassilly, Folden, Glass, Hornberger, Malone, Morgan, and West
- In the House - Hearing 2/23 at 1:00 p.m.
- Fiscal and Policy Note
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.
Bill File Type: Regular
Effective Date(s): July 1, 2017
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Last Updated: 2/3/2020 2:30 PM