HB 1148

Bill Subjects

Energy Motor Vehicles Generally Taxes Generally

Abstract

Establishes a tax credit for a taxpayer who places a qualified electric vehicle charging station in service during the taxable year. Defines "qualified electric vehicle charging station". Provides that the amount of the tax credit is equal to 75% of the purchase cost. Provides that the total amount of tax credits awarded in a state fiscal year may not exceed $25,000,000. Requires a taxpayer who claims the tax credit to provide a report to the office of energy development with information concerning the qualified electric vehicle charging station.