H.R.1513 - Fuel Tax Equalization Credit for Substantial Power Takeoff Vehicles Act108th Congress (2003-2004)
||Rep. Collins, Mac [R-GA-8] (Introduced 03/31/2003)
||House - Ways and Means
||03/31/2003 Referred to the House Committee on Ways and Means. (All Actions)
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Introduced in House (03/31/2003)
Fuel Tax Equalization Credit for Substantial Power Takeoff Vehicles Act - Amends the Internal Revenue Code to provide a $250 credit for each qualified commercial power takeoff vehicle (certain highway vehicles designed to deliver ready mixed concrete or collect refuse or recyclables) owned by a taxpayer at the end of the year. Stipulates that such credit shall not be available for a vehicle used during the year by a governmental entity or a tax-exempt organization.