09 Jan '18, 2pm

Virginia proposes state-tax rebate up to $3,500 for electric-car purchase

Virginia State Capitol, Skip Plitt/C'ville Photography [CC BY-SA 3.0] Enlarge Photo Virginia is for lovers—and it may soon be for lovers of electric cars and plug-in hybrids, too. Virginia House Delegate David A. Reid [D-32nd] has proposed a bill, expected to hit the House floor Wednesday, that would see buyers of electric vehicles receive a state-tax rebate of up to $3,500. Currently, Virginia's green-car incentives are limited to HOV-lane access privileges, emissions exemptions (for obvious reasons), and fuel-tax exemptions for certain groups in the state. DON'T MISS: Virginia dealers double down on Tesla attack, demand probe of sales The bill—House Bill No. 469 —stipulates 10 percent of the purchase price or the whole cost of the lease term of an electric vehicle to be given to buyers as a tax credit, but it caps the amount of the credit at $3,500. Qualifying vehicles i...

Full article: https://www.greencarreports.com/news/1114666_virginia-pro...

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