Georgia Senate votes to eliminate tax credit and impose yearly registration fee on EVs

Georgia Coin

It’s not looking good for Georgia’s EV tax credit. The Georgia Senate has passed a transportation funding bill that would eliminate the state’s $5,000 tax credit for leases and purchases of EVs.

In fact, the bill imposes a yearly registration fee on EVs: $200 a year for personal vehicles and $300 a year for commercial vehicles.

The state House is considering a slightly different version of the bill, but its version also eliminates the tax credit and establishes the yearly fee.

 RELATED: Oregon explores replacing gas tax with per-mile road tax

 

Source: Atlanta Business Chronicle