Introduced House Bill (H)

Authored by

DIGEST

Taxation of natural gas. Provides a sales and use tax exemption for natural gas used to operate compressors to produce a compressed natural gas product. Provides that the income tax credit for the purchase of natural gas powered vehicles is extended until the credits claimed reach the amount of the sales tax revenue that was collected on transactions during 2014 through 2016 involving natural gas used to fuel a motor vehicle that provides public transportation for persons or property. Taxation of natural gas. Provides a sales and use tax exemption for natural gas used to operate compressors to produce a compressed natural gas product. Provides that the income tax credit for the purchase of natural gas powered vehicles is extended until the credits claimed reach the amount of the sales tax revenue that was collected on transactions during 2014 through 2016 involving natural gas used to fuel a motor vehicle that provides public transportation for persons or property.