CA AB2675

Excludes 10% of gross receipts and sales price for electric vehicle infrastructure purchased for use at qualified dwellings from state sales and use taxes from January 1, 2017 through December 31, 2019, capped at $400,000 per transaction.

Allows personal income tax and corporation tax credits equal to 10% of costs paid for electric vehicle infrastructure at qualified dwellings, not to exceed $2,500 per taxable year, for tax years 2017-2019.

Defines qualified dwellings as multifamily residences, mobilehomes, duplexes, townhomes, apartments, and condominiums.

Defines electric vehicle infrastructure as battery charging stations, battery exchange stations, and rapid charging stations designed to support electric vehicles.

Exclusion and credits do not apply to local sales and use taxes or transactions and use taxes levied by counties, cities, or districts.