Establishes a clean vehicle rebate program to support low- and moderate-income households in purchasing electric vehicles.
The bill establishes a clean vehicle rebate program to incentivize the purchase or lease of new and used clean vehicles, particularly for low- and moderate-income households. It aims to reduce Hawaii's dependency on fossil fuels, lower transportation costs, and mitigate climate change impacts. The program will be funded by a transportation affordability and energy security tax on light-duty motor vehicles. Rebates will be offered for eligible clean vehicles, with additional rebates for low- and moderate-income households.
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