HB254

Pennsylvania HB254 establishes a tax credit for residential electric vehicle charging stations, effective from tax years beginning after December 31.

Pennsylvania HB254 amends the Tax Reform Code of 1971 to establish the Residential Electric Vehicle Charging Station Tax Credit. This credit applies to taxpayers who purchase and install an electric vehicle charging station at their primary residence. To qualify, a taxpayer must have resided in Pennsylvania for more than half of the preceding taxable year, file with an individual taxpayer identification number, and own the residence where the charging station is installed. The tax credit amount is 100% of the cost to purchase and install the charging station, up to a maximum of $2,000.