Promotes fair tax treatment for zero-emission vehicles by adjusting sales price and list price definitions.
The bill amends the definition of sales price and list price for zero-emission vehicles in vehicle classes 3 through 8, ensuring they are taxed based on the lesser of the actual or median prices of comparable internal combustion engine vehicles. This change applies to vehicles purchased before January 1, 2035.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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