Proposed H.B. No. 5420
Session Year 2023
 


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.

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Bill History

 Date Action Taken
 1/17/2023Referred to Joint Committee on Finance, Revenue and Bonding

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