VA HB469 | 2018 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on January 7 2018 - 25% progression, died in committee
Action: 2018-02-13 - Left in Finance
Pending: House Finance Committee
Text: Latest bill text (Prefiled) [HTML]
Status: Introduced on January 7 2018 - 25% progression, died in committee
Action: 2018-02-13 - Left in Finance
Pending: House Finance Committee
Text: Latest bill text (Prefiled) [HTML]
Summary
Electric vehicle tax credit. Establishes for taxable years beginning on and after January 1, 2018, a tax credit in the amount of 10 percent of the purchase or lease price of an electric vehicle. The bill defines "electric vehicle" and provides that the credit is nonrefundable, may be carried forward for three years, and shall not exceed $3,500 per taxpayer. The bill requires the Department of Taxation to cease issuing tax credits for electric vehicles when 20 percent of vehicles registered in Virginia are electric or in taxable year 2023, whichever is sooner.
Title
Electric vehicle; establishes tax credit on purchase or lease price.
Sponsors
Roll Calls
2018-02-02 - House - House: Subcommittee recommends passing by indefinitely (5-Y 3-N) (Y: 5 N: 3 NV: 0 Abs: 0) [PASS]
History
Date | Chamber | Action |
---|---|---|
2018-02-13 | House | Left in Finance |
2018-02-02 | House | Subcommittee recommends passing by indefinitely (5-Y 3-N) |
2018-02-01 | House | Assigned Finance sub: Subcommittee #3 |
2018-01-07 | House | Referred to Committee on Finance |
2018-01-07 | House | Prefiled and ordered printed; offered 01/10/18 18103418D |