Bill > HB216

This bill replaces the existing electric vehicle excise tax credit program with a new electric vehicle rebate program administered by the Maryland Energy Administration. The new program will provide a $3,000 rebate for qualifying zero-emission plug-in electric drive vehicles and fuel cell electric vehicles, and smaller rebates of $1,000-$2,000 for electric motorcycles, with several key restrictions. Eligible vehicles must be new, have a base purchase price not exceeding $50,000, have a battery capacity of at least 5.0 kilowatt-hours, and be purchased between July 1, 2026, and July 1, 2028. The rebate is limited to one vehicle per individual and 10 vehicles per business entity, and can only be claimed for vehicles registered in Maryland. Participating dealers will provide the rebate as a direct reduction in the vehicle's purchase price at the time of sale, and will be required to report sales information through a program website. The Maryland Energy Administration will reimburse dealers for rebates through the Transportation Trust Fund, and will monitor the aggregate rebate amounts to ensure they do not exceed available funding. The bill also provides for transfers from the Strategic Energy Investment Fund to the Transportation Trust Fund to offset the cost of these rebates, with a maximum annual transfer of $8,250,000 for fiscal year 2027.

Transportation and Infrastructure

https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0216?ys=2025RS