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MS SB2204

Bill

Status

Failed

2/27/2019

Primary Sponsor

Briggs Hopson

Click for details

Origin

Senate

2019 Regular Session

AI Summary

  • Allows taxpayers who sell, trade, or dispose of a hybrid or electric vehicle to claim a credit for taxes paid under Sections 27-19-21 or 27-19-23 for the remaining tax year
  • Credit applies to taxes due on another hybrid or electric vehicle owned by the seller, transferor, their spouse, or their dependent child
  • Taxpayer must comply with provisions of Section 27-51-41(5) to qualify for the credit
  • Effective date: July 1, 2019

Legislative Description

Electric or hybrid vehicle; allow credit for certain taxes paid on vehicles sold by the taxpayer under certain circumstances.

Last Action

Died In Committee

2/27/2019

Committee Referrals

Finance1/15/2019

Full Bill Text

No bill text available