Missouri tax credit

jmann · 02-04-2006, 02:16 AM

So what does this actually mean?
A tax credit, tax deduction, etc?
Is this really a 10% rebate?

Quote:

Missouri

Alternative Fuel and Alternative fuel vehicle Rebates (bill): HB 798 would establish rebates for hybrid and alternative fuel vehicles. For vehicles weighing less than 8,500 lb gross weight, buyers are eligible for up to ten percent of the incremental cost for a hybrid vehicle, with a maximum of five hundred dollars per vehicle or if the hybrid has no comparable conventional model on which to base the incremental cost calculations, up to ten percent of the total purchase price with a maximum of one thousand dollars per vehicle. For vehicles weighing more than 8,500 lbs gross weight, buyers are eligible for up to fifty percent of the incremental cost for a bi-fuel, flex-fuel, or hybrid vehicle, with a maximum of ten thousand dollars per vehicle or if the hybrid has no comparable conventional model on which to base the incremental cost calculations, up to ten percent of the total purchase price with a maximum of ten thousand per vehicle. Public hearing held 04/14/2005, in Agriculture Committee.

flareak · 02-04-2006, 02:21 AM

if so... that would be great... cause i'm from MO

Springtime · 02-04-2006, 06:49 AM

Hundreds of bills were introduced in different states. Most never made it any further. Since you indicate this was introduced in April 2005 - you need to go to your state web site and see if anything ever got passed.

In PA they ended up with a $500 rebate ( until allotted funds ran out). This rebate was available all of 2005. Last time I checked they had enough money left to offer rebates until the end of March 2006.

If the bill was passed - the language of the approved rebate will probably be a lot easier to understand.

Springtime

huskers · 02-04-2006, 07:51 AM

I have looked into this also and have found nothing passed. It would have been nice. One step forward...two back!!!

Kiloran · 02-04-2006, 08:28 AM

HB798 Establishes the Clean American Fuel Board and creates the Alternative Fuel Vehicle Revolving Fund
Sponsor: Darrough, Bruce (75) Proposed Effective Date: 08/28/2005
CoSponsor: Wright, Mark (137) ..........etal. LR Number: 1784L.01I
Last Action: House Committee: AGRICULTURE POLICY
04/14/2005 - Public Hearing held (H)
HB798
Next Hearing: Hearing not scheduled
Calendar: Bill currently not on calendar

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02-04-2006, 02:21 AM	#2
flareak I've sold more than 4 Prius! Join Date: Mar 2004 Location: Flint, MI Posts: 756 My Car: 2005 Prius Model: Package: #4 Thanks: 0 Thanked 0 Times in 0 Posts Friends: 0	if so... that would be great... cause i'm from MO

02-04-2006, 06:49 AM	#3
Springtime Senior Member Join Date: Nov 2005 Location: Eastern PA Posts: 144 My Car: Model: Package: Thanks: 0 Thanked 0 Times in 0 Posts Friends: 0	Hundreds of bills were introduced in different states. Most never made it any further. Since you indicate this was introduced in April 2005 - you need to go to your state web site and see if anything ever got passed. In PA they ended up with a $500 rebate ( until allotted funds ran out). This rebate was available all of 2005. Last time I checked they had enough money left to offer rebates until the end of March 2006. If the bill was passed - the language of the approved rebate will probably be a lot easier to understand. Springtime

02-04-2006, 07:51 AM	#4
huskers Senior Member Join Date: Aug 2005 Location: Missouri Posts: 611 My Car: 2005 Prius Model: Package: #3 Thanks: 0 Thanked 0 Times in 0 Posts Friends: 0	I have looked into this also and have found nothing passed. It would have been nice. One step forward...two back!!!

02-04-2006, 08:28 AM	#5
Kiloran Join Date: Aug 2005 Posts: 1,225 My Car: Model: Package: Thanks: 0 Thanked 0 Times in 0 Posts Friends: 0	HB798 Establishes the Clean American Fuel Board and creates the Alternative Fuel Vehicle Revolving Fund Sponsor: Darrough, Bruce (75) Proposed Effective Date: 08/28/2005 CoSponsor: Wright, Mark (137) ..........etal. LR Number: 1784L.01I Last Action: House Committee: AGRICULTURE POLICY 04/14/2005 - Public Hearing held (H) HB798 Next Hearing: Hearing not scheduled Calendar: Bill currently not on calendar