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Senate Bill 0564


Senate Bill 0564

ARCHIVE (2007)

Latest Information

 

DIGEST OF INTRODUCED BILL


Taxation of diesel and biodiesel. Provides that a retail merchant may verify an exempt sale of tangible personal property used or consumed in providing public transportation by obtaining certain information from the purchaser. Increases the total amount of the blended biodiesel income tax credit that may be awarded by the economic development corporation from $1,000,000 to $2,000,000. Exempts farm vehicles from the special fuel tax.
    Current Status:
     In Committee - first House
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