Income tax, state; credit for diesel power to natural gas power truck conversion. (HB2109)

Introduced By

Del. Ward Armstrong (D-Martinsville)

Progress

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

Description

Income tax; credit for diesel power to natural gas power truck conversion.  Provides an income tax credit to individual truck owners who convert or have converted their diesel-powered trucks to natural gas power for taxable years beginning on and after January 1, 2011. The amount of the credit shall not exceed $3,500 or the cost of the conversion, whichever is less. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/12/2011Committee
01/12/2011Prefiled and ordered printed; offered 01/12/11 11101830D
01/12/2011Referred to Committee on Finance
01/17/2011Assigned Finance sub: #3
01/20/2011Impact statement from TAX (HB2109)
01/21/2011Subcommittee recommends laying on the table (4-Y 1-N)
01/24/2011Tabled in Finance