File Code: Income
Prior Year Introduction As: SB 492/98 - B&T
Crossfiled with: SENATE BILL 462
- Sponsored By:
-
Delegates Hixson, Hubbard, Franchot,
Shriver, Conroy, Rosso, and Carlson
- Entitled:
-
Vehicle Emissions Testing Equipment - State Income Tax Credit
Allowing a credit against the State income tax for 20% of the costs of
equipment placed in service during the taxable year to be used in
connection with transient mass-emission repair or testing at certain
facilities; allowing unused tax credits to be carried forward for 5
taxable years; applying the Act to tax years after 1997 for equipment
placed in service after 1997; and requiring the Department of the
Environment to publish a list of equipment that complies with the
requirements of the tax credit on or before December 31, 1999.
House Action
- 2/11
- First Reading Ways and Means
- 2/17
- Hearing 3/9 at 1:00 p.m.
- 3/22
- Favorable with Amendments Report by Ways and Means
- Favorable with Amendments Report Adopted
- Special Order 3/24 (Delegate Flanagan) Adopted
- 3/24
- Floor Amendment (Delegate Flanagan) Rejected (41-89)
- Floor Committee Amendment Adopted
- Second Reading Passed with Amendments
- 3/25
- Third Reading Passed (126-5)
Senate Action
- 3/26
- First Reading Budget and Taxation
- Sponsored by:
- Delegate Sheila Ellis Hixson, District 20
- Delegate Paul Carlson, District 39
- Delegate Mary A. Conroy, District 23
- Delegate Peter Franchot, District 20
- Delegate James W. Hubbard, District 23
- Delegate Mary Rosso, District 31
- Delegate Mark K. Shriver, District 15
- Bill indexed under the following Subjects:
- AUTOMOTIVE REPAIR
- ENVIRONMENT, DEPARTMENT OF
- ENVIRONMENTAL MATTERS -see also- NAT. RESOURCES; POLLUTION
- EQUIPMENT -see also- MOTOR VEHICLE EQUIPMENT
- INCOME TAX
- MOTOR VEHICLE INSPECTION
- POLLUTION -see also- SEDIMENT CONTROL
- TAX CREDITS -see also- CIRCUIT BREAKER
- Bill affects the following Statute:
- Tax - General
- (
10-712
)
- Bill Text:
First Reading (PDF),
Third Reading (PDF), Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
- House
- Number: 065659/2 (PDF) Offered on: March 22, 1999 at:
6:24 p.m. Status: Adopted
- Number: 185953/1 (PDF) Offered on: March 24, 1999 at:
12:01 p.m. Status: Adopted
- Number: 753313/1 (PDF) Offered on: March 24, 1999 at:
11:56 a.m. Status: Rejected
- Roll Call Votes (Legislative dates are shown):
- House
- March 24, 1999: Floor Amendment (Flanagan) {753313/1 Rejected (41-89)
- March 25, 1999: Third Reading Passed (126-5)
