Bills · 2009-2010 Regular Session
creating an income and franchise tax credit for motor vehicles that use gasoline and ethanol mixtures as fuel and for fuel efficient hybrid motor vehicles.
- Introduced, stopped here
- Passes Senate, not reached
- Passes Assembly, not reached
- Governor signs, not reached
- Law, not reached
Unfamiliar terms? Glossary
What this bill does
Plain-language analysis by the nonpartisan Legislative Reference Bureau
This bill creates an income and franchise tax credit that is equal to the amount
of sales and use taxes a person paid in the taxable year on the purchase or lease of
any new motor vehicle that is licensed for highway use and capable of using both
gasoline and a mixture of gasoline and at least 85 percent ethanol as a fuel to propel
the motor vehicle or is a hybrid motor vehicle with a federal Environmental
Protection Agency rating that is greater than 40 miles per gallon. The amount of the
credit that a person may claim may not exceed an amount equal to $1,000 in the
taxable year for each motor vehicle purchased in that year or $1,000 for all taxable
years combined with respect to the lease of any single motor vehicle.
What it would cost
Fiscal estimates filed by state agencies, as official PDFs
Sponsors
Full history
- Mar 26, 2009 · Senate
Introduced by Senators Harsdorf, Kreitlow, Sullivan, Schultz, Taylor and Erpenbach;Cosponsored by Representatives Richards, Petrowski, Wood, Ballweg, Spanbauer and Ripp
- Mar 26, 2009 · Senate
Read first time and referred to committee on Health, Health Insurance, Privacy, Property Tax Relief, and Revenue
- May 15, 2009 · Senate
Fiscal estimate received
- Apr 28, 2010 · Senate
Failed to pass pursuant to Senate Joint Resolution 1