Titling - Excise Tax Credit for Plug-in Electric Vehicles
This tax credit is no longer accepting applications as of March 15, 2013.
However, as a result of HB 791 in 2013 http://mgaleg.maryland.gov/2013RS/bills/hb/hb0791E.pdf, applications for eligible qualified plug-in electric drive vehicles titled after October 1, 2010 that have not received a tax credit will begin being accepted on July 1, 2013. Excise tax credit refunds will be issued when funding becomes available after July 1, 2013 on a first come, first serve basis until the fund is exhausted.
The amount of the new excise tax credit will be based on the based on battery capacity below:
- 4.0 – 10.0 Kilowatt-hours = $600
- 10.1 – 15.0 Kilowatt-hours = $700
- 15.0 or greater = $1,000
Please check back closer to July 1, 2013 for an application for a tax credit.
