Summary of the Introduced Bill

HB 31 -- 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, 2010, for an individual
who purchases a new qualified hybrid vehicle that is powered by
both an internal combustion engine and a rechargeable battery.
The deduction is limited to the lesser of 10% of the vehicle's
purchase price or $2,000.

The provisions of the bill will expire December 31 six years from
the effective date.

Copyright (c) Missouri House of Representatives


Missouri House of Representatives
95th General Assembly, 1st Regular Session
Last Updated November 17, 2009 at 9:23 am