HB2408
Vehicle emissions testing equipment; tax credit for certain vehicles and refueling property.
Summary
As Introduced. Tax credit for vehicle emissions testing equipment; certain vehicles and refueling property.
Allows a tax credit equal to 10 percent of the purchase price of a vehicle with an internal combustion engine that is principally garaged in Virginia to a corporation, individual, or public service corporation. Current law allows such a credit only for certain clean-fuel vehicles. The provisions of the bill ... (More) shall apply to taxable years beginning on and after January 1, 2025. (Less)-
Bill History
- 01/08/2025 - House: Prefiled and ordered printed; Offered 01-08-2025 25103446D
- 01/08/2025 - House: Referred to Committee on Finance
- 01/24/2025 - House: Impact statement from TAX (HB2408)
- 02/04/2025 - House: Left in Finance