Friday, February 27, 2015

Georgia Bill To Eliminate EV Credits Gains Traction

Hannah Solar Nissan Leaf

The bill that would kill EV incentives in Georgia has taken a step closer to being voted upon by the state's legislature.

The Atlanta Journal-Constitution reports Georgia House Bill 122, sponsored by Rep. Chuck Martin of Alpharetta, was thought to have been struck down by the House's Ways and Means subcommittee last week, only to be brought back to life by the same subcommittee under the circumstance that it was merely tabled.

A spokesperson for the House later explained that HB 122 — which would eliminate the $5,000 tax credit for those who buy or lease an EV like the Nissan Leaf — was treated as a tabled bill when it failed to receive the "do pass" recommendation in the subcommittee, thus allowing members to vote on the bill again.

The bill's language is also on HB 170, a transportation projects bill that legislators hope will pull in $1 billion in new revenue per year for potential projects. The tax credit, meanwhile, would cost the state $628 million between 2016 and 2020, per official state estimates.

The post Georgia Bill To Eliminate EV Credits Gains Traction appeared first on The Truth About Cars.

from The Truth About Cars


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