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Issue Briefs

Innovative Motor Vehicle Income Tax Credit (2014)

Subjects
Fiscal Policy & Taxes
Transportation & Motor Vehicles
Published
02/10/2014

The state innovative motor vehicle income tax credit is intended to reduce the cost of alternative fuel vehicles and incentivize their purchase. This issue brief describes the tax credit, most recently addressed in House Bill 13-1247, and provides information on how its value is calculated.

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