YEO Policy Books 2015 Policy Book - Page 81

Income Tax Credits for Low-Emission Vehicles Origin: Georgia State Legislature Bill Name/Number: HB 220 Link: Click here YEO Sponsor: Representative Stacey Abrams Summary: Introduced in February 2015, this bill would establish an income tax credit for the purchase or lease of a new low-emission or new plug-in electric vehicle. Talking Points & Important Information: • Low-emission vehicles are motor vehicles fueled solely by an alternative fuel – like electricity, wind, solar, natural gas, biofuels, or hydrogen – and meet emission standards as defined by the state’s board of natural resources. Plug-in electric vehicles are powered by electricity produced primarily by domestic sources such as coa