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California Bill Set To Lower Sales Tax For Plug-in Cars | CleanTechnicaCleanTechnica

All plug-in cars purchased in California may get a bit cheaper if Assembly Bill AB1077 passes. Thanks to Assemblyman Al Muratsuchi’s the proposed bill would reduce the basis for taxes and fees applied to plug-in cars by using the post-incentive transaction valuation for the car, not the pre-incentive sticker price.

Photo Credit: randychiu / Foter.com / CC BY

The announcement was made in front of Hermosa Beach city hall electric car charging stations with an official press event. It was attended by representatives from Plug-in America, General Motors, Nissan, and Honda, as well as a dozen or more local EV drivers.

If passed, Assembly Bill AB1077 would result in a price drop for buying a plug-in car of between $500 and $1000, depending on the car being purchased.

Read more at http://cleantechnica.com/2013/04/30/california-bill-set-to-lower-sales-tax-for-plug-in-cars/#JiW0wCYdjtF0xpPd.99
More http://cleantechnica.com/2013/04/30/california-bill-set-to-lower-sales-tax-for-plug-in-cars/

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