Bill Summaries: S592 PLUG-IN ELECTRIC VEHICLE TAX CREDIT.

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  • Summary date: Apr 6 2021 - View Summary

    Amends Part 2 of Article 4 of Subchapter I of Chapter 105 of the General Statutes (Individual Income Tax) to add GS 105-153.11 creating a $3,000 income tax credit for purchasers of a new plug-in electric vehicle. Effective for tax years beginning on or after January 1, 2022.