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2006 SESSION

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HB 1470 Income tax, state; tax credit for waste motor oil/fluids reclamation systems.

Introduced by: Christopher B. Saxman | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Income tax; tax credit for waste motor oil/fluids reclamation systems.  Adds waste motor oil/fluids reclamation systems to the current credit for waste motor oil burning equipment that a business purchases.  The credit may not exceed $5,000 annually and the effective date for the purchase of reclamation systems is for taxable years beginning on or after January 1, 2007.


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