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HB2408

Vehicle emissions testing equipment; tax credit for certain vehicles and refueling property.

Status:
Killed

Chief Patron:
Tim Griffin (R)

Session:
2025 Regular Session

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 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