Newsom proposed creating a new version of the state’s Clean Vehicle Rebate Program, which was phased out in 2023 after funding more than 594,000 vehicles and saving more than 456 million gallons of fuel, the governor’s office said in a news release on Monday. "Consumers continue to prove...
plug-in, and new or used. MSRP caps apply. Vehicles must be purchased or leased on or after August 29, 2019, and prior to the date of the Program’s termination, as noticed to Participating Dealers and on the Efficiency Maine website, or December 31, 2023, whichever ...
It appears Florida officials reversed course from their original stance on the rebates. Republican Gov. Ron DeSantis in 2023 had vetoed the state's authority to spend about $5 million of federal funds to administer the energy rebate program. At the time, a spokesperson for the state's Departm...
1, 2023, and Dec. 31, 2032, and must claim the credit on their federal tax return. EV charging equipment must be installed in locations that meet the following census tract requirements: The census tract is not an urban area; A population census tract where the poverty rate is at least ...
Consumers who buy qualifying cars in 2022 or 2023 would only get the tax credit when they file their tax returns — and then only if they have a tax liability. That means consumers may wait several months to a year for their benefit, depending on purchase timing. ...
Income requirements:Married couples don't qualify for the new-vehicle credit if their modified adjusted gross income on a joint tax return exceeds $300,000. The limit is $150,000 for single tax filers. Vehicle price requirements:Individuals don't qualify for the tax break if their van, sport...
Consumers who buy qualifying cars in 2022 or 2023 would only get the tax credit when they file their tax returns — and then only if they have a tax liability. That means consumers may wait several months to a year for their benefit, depending on purchase timing. ...