Legislation

Title: Plug-In Electric Drive Vehicle Excise Tax Credit - Sunset - Repeal
Sponsored by: Senators Young, Carter, Feldman, Rosapepe, Nathan-Pulliam, and Guzzone
Status: In the Senate - Hearing 1/30 at 2:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

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.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Details

Bill File Type: Pre-Filed

Effective Date(s): July 1, 2019

History

Legislation History
Chamber Senate Calendar Date 9/17/2018 Legislative Date 9/17/2018 Action Pre-filed Proceedings
Chamber Senate Calendar Date 1/09/2019 Legislative Date 1/09/2019 Action First Reading Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Plug-In Electric Drive Vehicle Excise Tax Credit - Sunset - Repeal Proceedings
Chamber Senate Calendar Date 1/11/2019 Legislative Date 1/11/2019 Action Hearing 1/30 at 2:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	9/17/2018	9/17/2018	Pre-filed
Senate	1/09/2019	1/09/2019	First Reading Budget and Taxation
			Text - First - Plug-In Electric Drive Vehicle Excise Tax Credit - Sunset - Repeal
Senate	1/11/2019	1/11/2019	Hearing 1/30 at 2:00 p.m.

File Code

Subjects

Statutes