Articles/News with taxes tag

Displaying 1  -  8  of  8
School bus operators still eligible for fuel tax exemptions
September 22, 2010
After some IRS offices challenged operators’ claims of exemptions for smaller school buses earlier this year, the NSTA presented the issue to members of Congress, who asked Treasury Secretary Timothy Geithner to clarify the tax policy. Geithner stated that the law does not limit the fuel tax exemption based on size of the bus, and the IRS cases have been dismissed.
Pennsylvania upholds tax-exempt status for buses, parts
July 20, 2010
Earlier this year, Gov. Edward Rendell proposed to repeal sales tax exemptions for 74 goods and services, including those for school buses and their parts, but the move received little support from the General Assembly. The Pennsylvania School Bus Association, which took action to oppose the proposal, is prepared for a possible resurgence under a new administration next year.
Incentive for school bus seat belts signed into law
June 3, 2010
The Connecticut governor approves a measure that cuts the sales tax on school buses equipped with three-point belts — but does not make them mandatory.
Bill would cut sales tax on school buses with belts
May 4, 2010
A proposal to require seat belts on Connecticut school buses was defeated, but legislation that would create a financial incentive for equipping buses with three-point belts was overwhelmingly approved by the House.
Contractors could be exempt from paying taxes on buses
April 6, 2010
New Mississippi legislation would allow companies that operate buses and other vehicles to transport students to and from school to waive ad valorem taxes on their units if they are under contract to a school board on or after July 1.
Tax planning for 2009
October 1, 2009

The February 2009 issue of SCHOOL BUS FLEET featured a tax planning article for school bus contractors for 2008 and beyond.

Legislator calls for fuel tax exemption for bus contractors
August 1, 2008

ALBANY, N.Y. — Assemblyman Peter Rivera reintroduced legislation in June that would temporarily remove the diesel fuel tax paid by school bus contrac...

Missouri legislation would offer fuel tax exemption for school buses
March 10, 2008
JEFFERSON CITY, Mo. — A bill is making its way through the General Assembly that would exempt the fuel used in school buses from the state fuel tax.<...
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