Bill Text: VA SB949 | 2015 | Regular Session | Comm Sub

Virginia Senate Bill 949 (Prior Session Legislation)

Bill Title: Hybrid vehicle registration; tax credit for certain vehicle owners.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2015-02-04 - Passed by indefinitely in Finance (13-Y 1-N) [SB949 Detail]

Download: Virginia-2015-SB949-Comm_Sub.html

15104389D
SENATE BILL NO. 949 AMENDMENT IN THE NATURE OF A SUBSTITUTE (Proposed by the Senate Committee on Finance on February 4, 2015) (Patron Prior to Substitute--Senator Stuart) A BILL to provide for a credit for hybrid vehicle registration.

Be it enacted by the General Assembly of Virginia:

1. §1. The Department of Motor Vehicles shall provide a credit to each person who owned or leased a hybrid electric vehicle and paid the annual license tax imposed pursuant to §58.1-2249 on that vehicle for a registration year beginning on or after July 1, 2013, but before July 1, 2014. The credit shall be equal to the amount of the annual license tax paid with respect to such registration year and shall be applied by the Department of Motor Vehicles against any fees the person incurs pursuant to subdivisions A 1 through 12 of §46.2-694, other than the $3 surcharge provided in subdivision A 10 of §46.2-694, to register a vehicle owned, co-owned, or leased by the person. Any credit not used before October 1, 2017, shall expire on that date.

2. That the provisions of this act shall become effective on October 1, 2015.