30 Apr '14, 1pm

MD Boosts Electric-Car Tax Credit, CA Adds Funds To Rebate Program

By Stephen Edelstein 752 views Apr 30, 2014 Reddit This! Share on Facebook Share on Twitter 2014 Nissan Leaf Enlarge Photo Government incentives are a major perk of electric-car ownership, and two states have now ensured that more people are encouraged to drive zero-emission vehicles. On April 7, the Maryland General Assembly passed HB 1345 (via Charged EVs ), which now awaits the signature of Governor Martin O'Malley. 2014 Chevrolet Volt Enlarge Photo The bill--introduced by Delegate Brian K. McHale--would extend the state's electric-car tax credit by three years, from June 30, 2014, through June 30, 2017. The maximum tax incentive would also rise from $1,000 to $3,000. If signed by the governor, HB 1345 would also replace Maryland's current $400 tax credit for installing electric-car charging stations with rebates of up to $900 for individuals and $5,000 for businesses. ...

Full article: http://www.greencarreports.com/news/1091761_md-boosts-ele...

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