Bill Text: CT HB05535 | 2018 | General Assembly | Introduced


Bill Title: An Act Concerning A Tax Credit For Certain Motor Vehicles.

Sponsorship: Committee Bill

Status: (Introduced - Dead) 2018-03-26 - Motion Failed (JFS) [HB05535 Detail]

Download: Connecticut-2018-HB05535-Introduced.html

General Assembly

 

Raised Bill No. 5535

February Session, 2018

 

LCO No. 2559

 

*02559_______PD_*

Referred to Committee on PLANNING AND DEVELOPMENT

 

Introduced by:

 

(PD)

 

AN ACT CONCERNING A TAX CREDIT FOR CERTAIN MOTOR VEHICLES.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

Section 1. (NEW) (Effective July 1, 2018, and applicable to taxable years commencing on or after January 1, 2018) Any municipality, upon approval by its legislative body, may allow a credit for any taxpayer against the property tax imposed pursuant to section 12-71 of the general statutes for any portion of the cost of purchasing an electric vehicle, as defined in section 16-19eee of the general statutes, hybrid electric vehicle, as defined in section 16-19eee of the general statutes or a motor vehicle that runs on biomass fuel.

This act shall take effect as follows and shall amend the following sections:

Section 1

July 1, 2018, and applicable to taxable years commencing on or after January 1, 2018

New section

Statement of Purpose:

To authorize municipalities to allow a property tax credit for electric vehicles, hybrid electric vehicles and motor vehicles that run on biomass fuel.

[Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.]

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