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Maryland EV tax credit - legislature approved, Governors signature remains

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Sir Guacamolaf

The good kind of fat
Mar 15, 2016
1,150
1,920
Not in a Tesla
If I read things right, salient points,
- Doubles funding from 1.2m to 2.4m
- No excise tax credit for cars costing over $60K (i.e. does not apply to Model S or X)
- Charger install reimbursement drops to 40% from 50%, max of $700 (used to be $900)

More info - GAM-HB0406 Documents 2017 Regular Session

Thoughts/opinions? IMO even though this does not apply to Model S, I'm still happy to see the state do things to promote EVs and clean air. They should also enforce iceholeing more aggressively.
 
Very myopic and misguided legislation. Customers -- such as myself -- who relied on the purported solvency of the fund for FY2017 when purchasing our EVs, but which fund then went insolvent in Sept. 2016 without sufficient warning, will not receive a retroactive tax credit under the new legislation.

Thus, the message being communicated to MD residents is that you should not expect to receive a dime of the purported EV tax credit and should not rely on it when making a purchase decision. In other words, MD's legislators have lost all credibility.

Time to move to an EV-friendly jurisdiction, because MD no longer qualifies.