SENATE BILL 734

Sponsored By:

Senator Giannetti

Entitled:

Income Tax - Subtraction Modification for Vehicle Tracking Devices

Synopsis:

Allowing an individual an income tax subtraction modification for the costs of a vehicle tracking device installed on a motor vehicle registered in the State; limiting the subtraction modification to $200 for each vehicle tracking device; and applying the Act to tax years after 2004.

History by Legislative Date

Senate Action

2/4

First Reading Budget and Taxation

3/9

Hearing 3/22 at 1:00 p.m.

3/28

Withdrawn

House Action

No Action

Bill indexed under the following Subjects:

EXEMPTIONS

INCOME TAX

MOTOR VEHICLES -see also- ABANDONED; AMBULANCES; BUSES; etc.

MOTOR VEHICLE EQUIPMENT

THEFT -see also- SHOPLIFTING

Bill affects the following Statutes:

Tax - General

( 10-208 , 10-208 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal Note (Displayed in PDF Format): Available

Amendments: None offered