Clean fuel vehicle job creation tax credit; adds advanced biofuels. (SB1357)

Introduced By

Sen. Emmett Hanger (R-Mount Solon)

Progress

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

Description

Clean fuel vehicle job creation tax credit; adds cellulosic biofuels. Expands the clean fuel vehicle job creation tax credit to include jobs created associated with the production of cellulosic biofuels, the conversion of vehicles from traditional fuels to cellulosic biofuels, and the manufacture of components for vehicles that utilize cellulosic biofuels. The bill also reorganizes the definition of "job" and the list of approved job fields to simplify and clarify eligibility requirements for the tax credit. Amends § 58.1-439.1 (“Clean fuel vehicle and advanced cellulosic biofuels job creation tax credit.”), of the Code of Virginia. View Full Text »

Outcome

Bill Has Passed
View Bill's History