Summary of the Introduced Bill

HB 53 -- Income Tax Deduction for Hybrid Vehicles

Sponsor:  Sater

This bill authorizes an individual income tax deduction, for tax
years beginning on or after January 1, 2007, for a qualified
hybrid vehicle that is powered by a combination of an electric
motor and gasoline engine.  The deduction is limited to the
lesser of 10% of the vehicle's purchase price or $1,500.

The provisions of the bill will expire six years from the
effective date.

Copyright (c) Missouri House of Representatives


Missouri House of Representatives
94th General Assembly, 1st Regular Session
Last Updated July 25, 2007 at 11:17 am