- Extends the tax credit for electric vehicles and plug-in hybrids to 2021, retroactively.
- Allows the credit to be given to the consumer at time of purchase, assignable to a financing entity at the point of sale.
- Phases out the incentive between 2017 and 2022 to the following schedule:
- Long-range electric vehicles: $1,500 (2017,2018); $1,000 (2019); $750 (2020); $300 (2021)
- Short-range electric vehicles: $1,000 (2017, 2018); $750 (2019); $500 (2020); $150 (2021)
- Electric motorcycles: $750 (2017, 2018); $550 (2019); $350 (2020); $100 (2021)
- Yearly review by the legislature to study the effectiveness and impact of the incentive.
- Limits funding from the Education Fund to $125,000 per year.
Position
SUPPORT. Contact your representatives and tell them to vote YES on HB 29. Electric vehicles have a significantly higher purchase price than gasoline models. Electric vehicles reduce local emisisons by 60-99%, and plug-in hybrids reduce local emissions by 30-65%. Extending this tax credit will make electric vehicles more financially accessible to consumers in our state, ultimately leading to reduced vehicle emissions and cleaner air.
Sponsors
- Rep. Stephen Handy, R - Layton
- Sen. Curtis Bramble
Status
- 1/16 LFA/Fiscal note sent to sponsor
- Fiscal Note published - $355K
- 1/26 House to Rev & Tax
- 1/31 Held
- 2/6 House to Rev & Tax
- 2/6 Held
- 2/13 Not considered
- 2/14 House R&T Favorable Recommendation 11-0-1
- 2/15 House 2nd Reading
- 2/28 House 3rd Reading. Failed. 37-38-0
Scheduled Hearings
1/31 4:00. State Captiol Building rm 445. House Rev & Tax. AGENDA
2/7 8:00am. Senate Buidling, rm 210. Natural Resources, Agriculture and Environmental Quality Appropriations Subcommittee. AGENDA
2/8 3:00. State Capitol Building rm 445. House Rev & Tax. AGENDA
2/13 8:00am. State Capitol Building rm 445. House Rev & Tax. AGENDA
2/14 2:00. State Capitol Building rm 445. House Rev & Tax. AGENDA
History
- At 1/30 HR&T, James Campbell, RMP helped explain the bill, Kevin Emerson, UCE; Paul Zuckerman; Lincoln Shurtz, GM & Max Bradshaw, Leaders for Clean Air spoke in favor of the bill. HELD work on declining incentive.
- At 2/8 HR&T, the bill was held again. Waiting for fiscal note. Rep. Eliason promised to hear the bill first on the agenda at the next HR&T meeting, which will likely be Monday, 2/13.
- 2/13 HR&T, the bill was not considered. Rep. Handy was stuck in a different committee. Rescheduled for 2/14 at 2:00pm.
- 2/14 HR&T, favorable recommendation, unanimous.
- 3/1 House 3rd Reading. Failed. 37-38-0