An act relating to an income tax deduction for the purchase of snow tires

H.845 would create a Vermont personal income tax deduction for residents who purchase snow tires for their personal vehicles. This deduction would allow taxpayers to subtract the full cost of qualifying snow tires from their taxable income when filing state taxes. The bill directly affects Vermont taxpayers who buy snow tires, reducing their state tax liability by the amount spent on the tires. It does not specify a maximum deduction amount or additional eligibility requirements beyond the purchase of snow tires for personal use.