HB 221 Tax Credit for Alternative Fuel Vehicles

Link

This bill would reinstate a non-refundable income tax credit for passenger electric vehicles until 2026. It would offer a credit of $3,000 for the purchase of a new passenger vehicle and $2,000 for a used passenger vehicle with an MSRP of up to $55,000, and a $1,000 tax credit for the purchase of an electric motorcycle. It would also offer a $1,500 tax credit for a lease of a new electric passenger vehicle.

Sponsors

  • Rep. Harrison, Suzanne

Position

Monitoring

Status - Failed

Scheduled Hearings

Past Hearings

 

 

 

Additional Info

  • Position: MONITOR
  • Bills: HB 221