AN ACT ESTABLISHING A CREDIT AGAINST THE PERSONAL INCOME TAX FOR MOTOR VEHICLE PROPERTY TAXES PAID AND CONCERNING THE ASSESSMENT OF MOTOR VEHICLES.
To (1) establish a credit against the personal income tax for half the amount of motor vehicle property tax paid by an individual to a municipality, and (2) prohibit municipalities from assessing a motor vehicle at a higher value than the previous tax year.
Introduced by:Rep. Gary A. Turco, 27th Dist.
|New today||2-4 days old||5 days & older|
Add Notes to HB-5420
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Co-sponsors for Amendment LCO:
|1/17/2023||Referred to Joint Committee on Finance, Revenue and Bonding|