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Statutes Text

Article - Transportation




§13–815.

    (a)    In this section, “excise tax” means the tax imposed under § 13–809 of this subtitle.

    (b)    This section applies only to:

        (1)    A plug–in electric drive vehicle that:

            (i)    Has not been modified from original manufacturer specifications;

            (ii)    Is acquired for use or lease by the taxpayer and not for resale;

            (iii)    Has a total purchase price not exceeding $63,000;

            (iv)    Has a battery capacity of at least 5.0 kilowatt–hours; and

            (v)    Is purchased new and titled for the first time on or after July 1, 2017, but before July 1, 2020; and

        (2)    A fuel cell electric vehicle that:

            (i)    Has not been modified from original manufacturer specifications;

            (ii)    Is acquired for use or lease by the taxpayer and not for resale;

            (iii)    Has a total purchase price not exceeding $63,000; and

            (iv)    Is purchased new and titled for the first time on or after July 1, 2017, but before July 1, 2020.

    (c)    Subject to available funding, a credit is allowed against the excise tax imposed for a plug–in electric drive vehicle or fuel cell electric vehicle.

    (d)    The credit allowed under this section may not exceed the lesser of:

        (1)    The amount of excise tax paid for the purchase of the vehicle; or

        (2)    $3,000.

    (e)    The credit allowed under this section is limited to the acquisition of:

        (1)    One vehicle per individual; and

        (2)    10 vehicles per business entity.

    (f)    A credit may not be claimed under this section:

        (1)    For a vehicle unless the vehicle is registered in the State; or

        (2)    Unless the manufacturer has already conformed to any applicable State or federal laws or regulations governing clean–fuel vehicle or electric vehicle purchases applicable during the calendar year in which the vehicle is titled.

    (g)    The Motor Vehicle Administration shall administer the credit under this section.