SB 78 Plug In Electric Drive Vehicle Excise Tax Credit Sunset Repeal
Maryland 2019 Regular Session
Plug-In Electric Drive Vehicle Excise Tax Credit - Sunset - Repeal
SB-78
About SB-78
Making the vehicle excise tax credit for the purchase of certain electric vehicles permanent; authorizing certain individuals or business entities that do not receive a tax credit in a certain fiscal year to claim the credit during the next fiscal year; requiring the Comptroller, each fiscal year, to transfer up to $2,400,000 from the Maryland Strategic Energy Investment Fund to the Transportation Trust Fund; codifying a limit of $3,000,000 per year on the total amount of credits allowed; etc.
Bill Texts
Introduced 12/19/2018
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