Waste motor oil equipment; repeals provision that provides tax credit for purchase price paid. (SB650)

Introduced By

Sen. Patsy Ticer (D-Alexandria)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Tax credit for waste motor oil equipment. Repeals the provision that provides a tax credit in an amount equal to 50 percent of the purchase price paid for equipment used exclusively for burning waste motor oil at a business facility. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/09/2008Prefiled and ordered printed; offered 01/09/08 083921336
01/09/2008Referred to Committee on Finance
01/14/2008Impact statement from TAX (SB650)
02/13/2008Continued to 2009 in Finance (16-Y 0-N) (see vote tally)