HB 1196 - Repealing Income Tax Credit - Colorado Key Vote
Cory Gardner voted Nay (Passage) on this Legislation.
Timeline
- Executive Signed
- Feb. 24, 2010
- Senate Bill Passed
- Feb. 10, 2010
- House Bill Passed
- Feb. 1, 2010
- Introduced
- Jan. 22, 2010
Related Issues
Stage Details
Title: Repealing Income Tax Credit
Signed by Governor Bill Ritter, Jr.
Title: Repealing Income Tax Credit
Vote Smart's Synopsis:
Vote to pass a bill that repeals the income tax credit for the purchase of category 7 motor vehicles (minimum fuel economy of 30 miles per gallon but less than 40 miles per gallon), equal to 50 percent of difference in actual cost incurred or the percentage of the actual cost incurred, beginning January 1, 2011.
Highlights:
-Limits the credit to $6,000 for purchases made in 2010 (Sec. 1).
Title: Repealing Income Tax Credit
Vote Smart's Synopsis:
Vote to pass a bill that repeals the income tax credit for the purchase of category 7 motor vehicles (minimum fuel economy of 30 miles per gallon but less than 40 miles per gallon), equal to 50 percent of difference in actual cost incurred or the percentage of the actual cost incurred, beginning January 1, 2011.
Highlights:
-Limits the credit to $6,000 for purchases made in 2010 (Sec. 1).
Title: Repealing Income Tax Credit