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