A 3933
Provides corporation business tax credits and gross income tax credits for purchase of certain hydrogen fuel cell vehicles.
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Sign in to take action- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill provides corporation business tax credits and gross income tax credits to businesses and individuals for purchasing certain hydrogen fuel cell vehicles. The credits are tiered, decreasing over time (25% in 2023, 15% in 2024, and 8% in 2025), up to a maximum of $15,000, $9,000, and $5,000 per vehicle, respectively. To qualify, purchasers must obtain certification from the Commissioner of Environmental Protection confirming the vehicle’s status as a hydrogen fuel cell vehicle.
Sponsors
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Primary sponsor
Cosponsor
Gabriel Rodriguez
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