HCS/SB 841 - This act creates an income tax credit equal to fifty percent of the amount a taxpayer paid to purchase and install idle reduction technology on a class 8 truck. The maximum amount of the tax credit is $3,500 per truck. The tax credit is nontransferable and nonrefundable, but may be carried forward up to three years until completely claimed. No more than ten million dollars in tax credits may be issued annually and no more than twenty million dollars in tax credits may be issued throughout the life of the program. The provisions of the act automatically sunset two years after August 28, 2008, unless reauthorized. This portion of the act is similar to SCS/SB 811 (2008), Senate Bill 202 (2007) and House Bill 488 (2007).
This act provides that the maximum gross vehicle weight limit and axle weight limit for heavy-duty vehicles equipped with idle reduction technology may be increased (up to an additional 400 pounds) to account for the technology. This provision was contained in SB 102 (2007) and SB 969 (2006).
This act provides that motor vehicles that operate in the St. Joseph commercial zone shall be prohibited from having a single axle weight greater than 22,400 pounds or a height exceeding 15 feet, whether originating in this state or another state.