Correcting Defects in Statutes Administered by Department of Revenue

      Statutory Revision Committee. Current law in certain statutes administered by the department of revenue contains several technical defects and incorrect statutory cross-references. The bill corrects these technical defects and incorrect cross-references as follows:

• Section 1 of the bill amends the list of conditions a taxpayer must meet to claim a refundable income tax credit for certain businesses located in the state so that the list of conditions terminates correctly and conforms with standard drafting practices;
• Sections 2 and 4 correct outdated cross-references in the statute governing the collection of gas and special fuels tax and the statute governing the road usage fee and bridge and tunnel impact fee;
• Section 3 clarifies the amount that can be claimed for a property tax or rent assistance grant and a heat or fuel expenses assistance grant based on the year the claim was made; and
• Section 5 removes the definitions for "battery electric motor vehicle" and "plug-in hybrid electric motor vehicle" from the statute that creates the high-performance transportation enterprise, as those defined terms do not otherwise appear in the statute.(Note: This summary applies to this bill as introduced.)