WV SB366 | 2013 | Regular Session
Status
Spectrum: Moderate Partisan Bill (Democrat 6-1)
Status: Introduced on February 25 2013 - 25% progression, died in committee
Action: 2013-02-25 - To Transportation and Infrastructure
Pending: Senate Transportation and Infrastructure Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 25 2013 - 25% progression, died in committee
Action: 2013-02-25 - To Transportation and Infrastructure
Pending: Senate Transportation and Infrastructure Committee
Text: Latest bill text (Introduced) [HTML]
Summary
The purpose of this bill is to eliminate the availability of a tax credit for vehicles that are capable of running on ethanol and certain fuel mixtures containing ethanol, methanol or other alcohols. The bill removes the requirement that a converted vehicle must operate exclusively on an alternative fuel in order to take the credit. The bill eliminates a rule requirement. The bill allows pass-through entities to distribute credits to pass-through equity owners in any manner the equity owners see fit. The bill permits the transfer of tax credits for purchase of alternative-fuel vehicles, conversion to an alternative-fuel vehicle or construction of alternative-fuel vehicle infrastructure. The bill sets forth how those transfer of tax credits may be accomplished. The bill allows government entities and nonprofit entities to utilize certain tax credits.
Title
Relating to tax credit for certain alternative-fuel motor vehicles
Sponsors
Sen. Brooks McCabe [D] | Del. Samuel Cann [D] | Sen. Douglas Facemire [D] | Sen. Mike Green [D] |
Sen. Daniel Hall [D] | Sen. Chris Walters [R] | Sen. Jeffrey Kessler [D] |
History
Date | Chamber | Action |
---|---|---|
2013-02-25 | Senate | To Transportation and Infrastructure |
2013-02-25 | Senate | Introduced in Senate |
2013-02-25 | Senate | To Transportation and Infrastructure then Finance |
2013-02-25 | Senate | Filed for introduction |
Same As/Similar To
HB2817 (Similar To) 2013-03-05 - To House Roads and Transportation
Subjects
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
11 | 6D | 10 | New Code | See Bill Text |
11 | 6D | 2 | Amended Code | Citation Text |
11 | 6D | 4 | Amended Code | Citation Text |
11 | 6D | 6 | Amended Code | Citation Text |