Bill Summary for S 592 (2021-2022)

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Summary date: 

Apr 6 2021

Bill Information:

View NCGA Bill Details2021
Senate Bill 592 (Public) Filed Tuesday, April 6, 2021
AN ACT TO ALLOW AN INCOME TAX CREDIT FOR THE PURCHASE OF A NEW PLUG-IN ELECTRIC VEHICLE.
Intro. by Garrett, Salvador, Nickel.

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Bill 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.