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Legislation


2011 Regular Session

SENATE BILL 419

File Code: Taxes - Income Crossfiled with: HOUSE BILL 567
Sponsored By:
Senators DeGrange, Brinkley, Colburn, Currie, Edwards, Jones-Rodwell, Middleton, and Robey
Entitled:
Income Tax - Heavy-Duty Diesel Vehicles - Credit for Idle Reduction Devices

Synopsis:

Allowing an individual or corporation a credit against the State income tax equal to the lesser of 50% or $3,500 of the costs incurred for each purchase and installation of a qualifying idling reduction device in a heavy-duty diesel-powered on-highway vehicle; providing for the carryover of unused credit if the credit exceeds the State income tax otherwise payable for a taxable year; providing that a credit may not be claimed for the purchase and installation of a device after December 31, 2013; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.
Senate Action
2/4
First Reading Budget and Taxation
2/16
Hearing 3/9 at 1:00 p.m.
3/2
Hearing cancelled
Hearing 3/10 at 1:00 p.m.
House Action
No Action

Sponsored by:

Senator James E. DeGrange, Sr., District 32
Senator David R. Brinkley, District 4
Senator Richard F. Colburn, District 37
Senator Ulysses Currie, District 25
Senator George C. Edwards, District 1
Senator Verna L. Jones-Rodwell, District 44
Senator Thomas M. Middleton, District 28
Senator James N. Robey, District 13

Bill indexed under the following Subjects:

Environmental Matters -see also- Conserv; Nat Resrce; Pollut
Equipment -see also- Motor Vehicle Equipment
Income Tax
Motor Vehicles -see also- Aband Veh; Ambulances; Buses; etc.
Motor Vehicle Equipment
Tax Credits -see also- Circuit Breaker
Trucks

Bill affects the following Statute:

Tax - General
( 10-729 )

Documents

All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled
Fiscal and Policy Note: Available
Amendments: None offered
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