Exempts the first $35,000 of battery, electric, or plug-in hybrid electric vehicle sales from state sales and compensating use taxes, allowing local.

This bill provides an exemption for the sale of the first $35,000 for a battery, electric, or plug-in hybrid electric vehicle from state sales and compensating use taxes. It defines such vehicles as those with four wheels, manufactured for public roads, with unmodified powertrains, and capable of speeds of at least 55 miles per hour. The bill allows local governments to choose whether to implement this exemption. It also repeals the exemption after ten years. The changes take effect at least 120 days after the bill becomes law, with the repeal taking effect ten years later.

Exempts the first $35,000 of battery, electric, or plug-in hybrid electric vehicle sales from state sales and compensating use taxes, allowing local.

This bill provides an exemption for the sale of the first $35,000 for a battery, electric, or plug-in hybrid electric vehicle from state sales and compensating use taxes. It defines such vehicles as those with four wheels, manufactured for public roads, with unmodified powertrains, and capable of speeds of at least 55 miles per hour. The bill allows local governments to choose whether to implement this exemption. It also repeals the exemption after ten years. The changes take effect at least 120 days after the bill becomes law, with the repeal taking effect ten years later.