Staff Analysis of the Legislation
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05.18.2016 The House Ways and Means Committee adjourned debate on this bill. 05.17.2016 The House Ways and Means Revenue Policy subcommittee gave this bill a favorable report. 03.22.2016 The Senate Finance Committee gave this bill a favorable report as amended by the subcommittee. 03.15.2016 The Senate Sales and Income Tax subcommittee gave this bill a favorable report as amended. The amendment is a strike all and insert new language. As soon as the amendment is written, it will be posted. Summary of the bill as introduced: Incentivizes the purchase of natural gas powered vehicles by lowering the property tax assessment by 30 percent. |