Some Maryland EV Buyers Didn’t Get State Tax Credit in 2017
Relief may finally be coming for Maryland Electric Vehicle drivers who missed out on the State Tax Rebate program when funding ran out before the end of fiscal year 2017 which ended on 6/30/2017.
A bill sponsored by Maryland Delegate Marc Korman, who represents District 16 in Montgomery County, proposes to retroactively give rebates to individuals who purchased a plug in electric vehicle in fiscal year 2017 but did not receive a state rebate after the program ran out of funds.
Maryland HB 72, the Extension of Electric Vehicle Incentives Act, would also provide rebates to certain individuals who did not receive a qualified rebate under the Fiscal Year 2017 Electric Vehicle Recharging Equipment Rebate Program after that program also ran out of funds.
Delegate Korman’s bill would authorize an applicant to receive a refund of excise tax imposed for a qualified plug–in electric vehicle if the vehicle was purchased new and titled for the first time on or after July 1, 2016, but before July 1, 2017 if the applicant is the vehicle’s original owner and owns the vehicle when applying for the tax credit. Read More …