BILL · 2015–16 SESSION · LATEST VERSION 2ESHB 2778
HB 2778: Clean alt. fuel vehicles
Modifying retail sales and use tax exemption criteria for certain clean alternative fuel vehicles.
Summary
Modifies the retail sales and use tax exemption for certain clean alternative fuel and electrically powered vehicles by increasing the tax exemption threshold to a vehicle's base model Manufacturer's Suggested Retail Price (MSRP).
Limits the retail sales and use tax exemption for all qualifying vehicles to the first $32,000 of the selling price or total lease payments made.
Modifies when vehicles must qualify for the exemption to approximately two months after the Department of Licensing determines that 7,500 vehicles eligible for the exemption have been titled in the state since July 15, 2015, with a qualification expiration backstop of June 30, 2019, if 7,500 qualifying vehicles have not been titled by then.
Permits leased vehicles that qualified for the exemption before its expiration to continue to receive the tax exemption for all lease payments due through the life of the lease.
From the Second Engrossed Substitute House Bill Report (2ESHB 2778), written by the Legislature's nonpartisan staff. Read the full report ↗
EnactedEnacted · Chapter 32, Laws of 2016, 1st Special Session