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2024 SESSION

• | print version

HB 875 Tangible personal property; automobile assessment.

Introduced by: Mark L. Earley, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Classification of tangible personal property; automobile assessment. Provides that, for so long as the Regulation for Low Emissions and Zero Emissions Vehicle Standards remains in effect, the fair market value of an automobile with an internal combustion engine shall be the assessed value of such automobile during tax year 2023 or the tax year in which such vehicle was purchased new, whichever is later.

FULL TEXT

• 01/09/24  House: Prefiled and ordered printed; offered 01/10/24 24103244D  pdf | impact statement

AMENDMENTS

• House subcommittee amendments and substitutes offered

HISTORY

• 01/09/24  House: Prefiled and ordered printed; offered 01/10/24 24103244D
• 01/09/24  House: Referred to Committee on Finance
• 01/22/24  House: Assigned Finance sub: Subcommittee #2
• 01/23/24  House: Subcommittee recommends laying on the table (5-Y 3-N)
• 02/13/24  House: Left in Finance