Connect with us

Hi, what are you looking for?

CleanTechnica

Cars

Minnesota Legislature Proposes Two New EV Tax Rebates

Originally published on EV Obsession.

The Minnesota legislature recently put forward two new electric vehicle tax credit support bills — potentially offering buyers of plug-in vehicles a means of cutting the cost of ownership by several thousand dollars — according to recent reports.

Minnesota flagOne of the bills, HF 3513, would grant tax rebates of $2,500 for new all-electric vehicles (EVs), and $1,500 for new plug-in hybrid vehicles (PHEVs). The other bill, HF 2926, would grant a tax credit of up to $1,000 to buyers of electric vehicles, and to buyers of some renewable energy and energy efficiency technologies.

As far as HF 3513 goes, the funding for the tax rebate program would reportedly come from already existing solar energy incentive programs. The proposed rebates would expire in 2021, going by the current wording used. Notably, the bill would also require utility companies to develop public electric vehicle charging stations, which would further aid the rate of adoption.

The two bills — HF 3513 and HF 2926 — both have until the current legislative session ends (May 23) to make it through both houses.

State representative Pat Garofalo, R-Farmington — the lead sponsor of the measure in the House (and a Tesla Model S owner) — was recently quoted as saying: “It’s a win-win for everybody. Environmentalists get a lot less pollution and conservatives get less cost than the current program.”

As it stands, there are only around 3,500 plug-in vehicles on Minnesota’s roads — out of a total number of 4.6 million. So there’s certainly room for growth — which will no doubt pick up, regardless of incentives, as EV offerings continue to become more compelling.

(A hat tip to reader Joel Acker.)

Reprinted with permission.

 
 
 
Appreciate CleanTechnica’s originality and cleantech news coverage? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.
 

Don't want to miss a cleantech story? Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!
 

Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.
Advertisement
 
Written By

James Ayre's background is predominantly in geopolitics and history, but he has an obsessive interest in pretty much everything. After an early life spent in the Imperial Free City of Dortmund, James followed the river Ruhr to Cofbuokheim, where he attended the University of Astnide. And where he also briefly considered entering the coal mining business. He currently writes for a living, on a broad variety of subjects, ranging from science, to politics, to military history, to renewable energy.

Comments

You May Also Like

Cars

Minnesota State community college has created a new curriculum to teach students how to service and repair an electric car.

Cars

Minneapolis and St. Paul residents logged 25,000 trips and nearly 250,000 miles on the nation’s first renewably powered all-electric carshare program. To wrap up...

Clean Power

In a brilliant case of epic timing, MISO announced a new transmission line plan for more renewable energy in the US midsection earlier this...

Clean Power

Research could improve efficiency for storing renewable energy, making carbon-free fuels, and manufacturing sustainable materials Research News, College of Science & Engineering, University of...

Copyright © 2022 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.