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NC S592
Bill
Status
Introduced
4/6/2021
Primary Sponsor
Michael Garrett
Click for details
AI Summary
- Allows North Carolina taxpayers a $3,000 income tax credit for purchasing a new plug-in electric vehicle as defined in G.S. 20-4.01
- Credit cannot exceed the total state income tax owed for the taxable year, minus all other allowable credits (excluding tax payments already made)
- Effective for taxable years beginning on or after January 1, 2022
- Sponsored by Senators Garrett, Salvador, and Nickel
- Referred to the Rules and Operations of the Senate
Legislative Description
Plug-In Electric Vehicle Tax Credit
Public
Last Action
Ref To Com On Rules and Operations of the Senate
4/7/2021
Committee Referrals
Rules and Operations of the Senate4/7/2021
Full Bill Text
No bill text available