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DIGEST OF INTRODUCED BILL
Electric vehicle sales tax exemption. Provides a sales and use tax exemption for the purchase or lease of a new qualified plug-in electric vehicle if the retail transaction occurs from July 1, 2011, through December 31, 2016. Limits the exemption to $1,000 of sales tax liability. Provides that the exemption may be claimed for only one vehicle per individual during the period and not more than ten vehicles per business entity. Provides that if a retail merchant determines that a taxpayer is qualified, the retail merchant shall apply the exemption at the time of the retail transaction.