HI HB2030

Establishes a clean vehicle rebate program administered by the Department of Transportation offering $5,000 for new zero-emission vehicles, $3,000 for new plug-in hybrids, and $2,000 for used electric or plug-in hybrid vehicles, with an additional $2,000 for low- and moderate-income households.

Limits rebate eligibility to households earning up to 200% of area median income (expandable to 300%), with new vehicle price caps of $60,000 and used vehicle prices between $3,000 and $25,000.

Creates a transportation affordability and energy security tax beginning January 1, 2027, on new gasoline and diesel light-duty vehicles, with rates tiered by fuel efficiency based on EPA ratings.

Establishes a clean vehicle special fund to receive the new tax revenues and fund the rebate program, designed to be self-financing and revenue-neutral without drawing from the general fund.

Requires the Department of Transportation to develop an implementation plan by December 31, 2026, and submit annual reports to the legislature on rebate distribution, revenues, consumer savings, and emission reductions.