HOUSE BILL 27

Sponsored By:

Delegate Hutchins

Entitled:

Income Tax - Credit for a Gun Safe

Synopsis:

Allowing a State income tax credit for individuals in an amount equal to 50% of the purchase price paid for a gun safe as defined under specified conditions; limiting the credit to the State income tax otherwise imposed for the taxable year; and applying the Act to tax years after 2001.

History by Legislative Date

House Action

08/23

Pre-filed

1/9

First Reading Ways and Means

2/6

Hearing 2/20 at 3:00 p.m.

4/3

Withdrawn

Senate Action

No Action

Bill indexed under the following Subjects:

EQUIPMENT -see also- MOTOR VEHICLE EQUIPMENT

GUNS

INCOME TAX

SAFETY -see also- OCCUPATIONAL SAFETY

TAX CREDITS -see also- CIRCUIT BREAKER

WEAPONS -see also- GUNS

Bill affects the following Statute:

Tax - General

( 10-724 )

Documents:

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

Fiscal Note: Available (PDF)

Amendments: None offered