2006 House Bill 6513

Authorize E-85 vehicle tax break

Introduced in the House

Sept. 14, 2006

Introduced by Rep. Rick Jones (R-71)

To authorize a $500 refundable income tax credit for a person who buys a car that burns 85 percent ethanol fuel. "Refundable" means that if the taxpayer owes less in taxes than the amount of the credit, the state sends a check back for the difference.

Referred to the Committee on Tax Policy