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DE HB12

DE HB12
An Act To Amend Title 29 Of The Delaware Code Relating To Electric Vehicles.


summary

Introduced
05/02/2023
In Committee
06/22/2023
Crossed Over
06/20/2023
Passed
06/27/2023
Dead
Signed/Enacted/Adopted
08/03/2023

Introduced Session

152nd General Assembly

Bill Summary

This Act creates an Electric Vehicle Rebate Program to incentivize the purchase and lease of new and used electric vehicles by Delaware residents. All-electric vehicles shall receive a rebate of no more than $2,500 and hybrid vehicles shall receive a rebate of no more than $1,000. The Department of Natural Resources and Environmental Control shall develop standards, forms, and procedures necessary to implement this program.

AI Summary

This bill amends Title 29 of the Delaware Code to establish a rebate program for the purchase and lease of new and used electric vehicles (EVs) by Delaware residents, including active-duty military members stationed in the state. The program will provide rebates of up to $2,500 for all-electric vehicles and up to $1,000 for plug-in hybrid vehicles, subject to certain eligibility criteria such as a price cap of $50,000 on the manufacturer's suggested retail price (MSRP). The Delaware Department of Natural Resources and Environmental Control will administer the program and may utilize third-party providers to do so. The program will be funded through allocations from the state's existing budget, and rebates will be issued on a first-come, first-served basis as funds are available. The bill also includes a provision to repeal the rebate program if the Department determines that the median cost of EVs is comparable to that of similar internal combustion engine vehicles or if the available funds are exhausted within the following year.

Committee Categories

Agriculture and Natural Resources, Budget and Finance, Transportation and Infrastructure

Sponsors (14)

Last Action

Signed by Governor (on 08/03/2023)

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