HB1008

Virginia HB1008 exempts electric vehicles from sales and use tax.

Virginia HB1008 modifies the state's motor vehicle sales and use tax to exempt electric vehicles from taxation. An electric vehicle is defined as a motor vehicle that derives all of its power from electricity stored in a battery with a specified capacity and range. The exemption applies to the tax paid by the purchaser to another state or the credit received from another state due to an exemption from the tax. The credit amount cannot exceed the tax imposed by this chapter.