Introduced by Representatives Lippert of Hinesburg and O’Donnell of Vernon
Subject: Taxation; purchase and use tax; exemption for hybrid vehicles
Statement of purpose: This bill proposes to create a purchase and use tax exemption for hybrid vehicles.
AN ACT RELATING TO HYBRID VEHICLE TAX EXEMPTION
It is hereby enacted by the General Assembly of the State of Vermont:
Sec. 1. 32 V.S.A. § 8902(12) is added to read:
(12) “Alternative fuel vehicle” means a motor vehicle which meets emission standards established for the California Super Ultra Low Emissions Vehicle (SULEV) as incorporated by reference in the Vermont Agency of Natural Resources air quality rules, and which is:
(A) propelled only by one or more of the following fuels: liquefied petroleum gas, natural gas, hydrogen, electricity, or solar energy; or
(B) a hybrid electric vehicle, combining two or more power train technologies using one or more energy storage technologies, and using at least one of the fuels listed in subdivision (A) of this subdivision (12) to assist in or provide full acceleration of the vehicle, and which has regenerative braking capability.
Sec. 2. 32 V.S.A. § 8911(22) is added to read:
§ 8911. EXCEPTIONS
The tax imposed by this chapter shall not apply to:
* * *
(22) alternative fuel vehicles.
Sec. 3. EFFECTIVE DATE
This act shall apply to sales and uses after June 30, 2005 and before July 1, 2008.
The Vermont General Assembly
115 State Street