Supplement: MO SB583 | 2023 | Regular Session | Summary: Introduced
For additional supplements on Missouri SB583 please see the Bill Drafting List
Bill Title: Authorizes a tax credit for the purchase of electric vehicles
Status: 2023-04-03 - Second Read and Referred S Economic Development and Tax Policy Committee [SB583 Detail]
Download: Missouri-2023-SB583-Summary_Introduced.html
Bill Title: Authorizes a tax credit for the purchase of electric vehicles
Status: 2023-04-03 - Second Read and Referred S Economic Development and Tax Policy Committee [SB583 Detail]
Download: Missouri-2023-SB583-Summary_Introduced.html
SB 583 - For all tax years beginning on or after January 1, 2024, this act allows a taxpayer to claim a tax credit in the amount of $2,500 for each qualified purchase of an electric vehicle, as such terms are defined in the act. Tax credits authorized by this act shall not be refundable or transferable, but may be carried forward for three tax years.
This act shall sunset on December 31, 2029, unless reauthorized by the General Assembly.
This act is identical to SB 1193 (2022) and HB 2756 (2022), and is substantially similar to HB 1526 (2022).
JOSH NORBERG
