ca electric vehicle tax rebate

The industry wants to allow car dealers to instantly provide the rebate at the time of sale.
Critics say the program favors wealthier Californians who can afford new cars.
Steve Bradford with Gov.Although sales of electric vehicles are growing in California, they account for less than 3 of the total market for light vehicles in the state and 1 across the.S.The bill goes to the Senate Appropriations Committee on Monday.The Model 3, starting at 35,000, brings Teslas luxury brand into a broader market.The bill drew some opposition from Republican lawmakers in the Assembly, and now faces Senate hearings.It would require that 500 million be continuously appropriated to pay for rebates each year.Even some supporters admit its not fully cooked.But, factor in the different rebates and tax credits available, and the cost becomes quite attractive.Jerry Browns desk within weeks.It would set rebates at a level that would help reduce the consumer cost of an electric vehicle to "the cost of the most frequently sold compact car in the state." The bill doesn't specify a dollar amount.Theres little time left for deep thinking.(as funding is available, and some situations may cause longer wait times).The proposal, AB1184, is a huge leap in funding from current programs, which have given 420 million to low- and zero-emission vehicle owners since 2010.
Ting's bill would make the subsidy stream far more dependable, if more costly.
Increasing the budget of the existing program "would be a simpler and more cost-effective" solution.

Critics also questioned whether the Tesla, operator of the states only auto factory in Fremont, would unfairly benefit from the rebate program.And one Democratic state senator, Jerry Hill, has even proposed stripping funding until revenue sources are identified.The proposal by Assemblyman Phil Ting, D-San Francisco, called for enhanced rebates to bring costs for electric vehicles in-line with gas-powered cars.That provoked an outcry from consumer advocates, and the bill was rewritten, putting the California Air Resources Board in charge, as it is today, but "in coordination" with the PUC.Hybrid and battery-powered cars make out about 3 percent of all car sales in the state since 2013.For more information on where the "nearly 5 billion that has flowed into the states unique Greenhouse Gas Reduction Fund since 2013 see Cart's earlier article.Dependable and consistent funding for zero-emission rebates is a key goal for the legislation, written by Assemblyman Phil Ting (D-San Francisco).
While the rebate amounts won't be increasing, except for low and moderate income consumers watch episodes on win tv who are entitled to an extra 2,000, thanks.
When introduced this year, it put the state's electric utilities in charge of the rebate program, to be funded by utility ratepayer money and supervised by the state Public Utilities Commission.