Georgia Bill To Eliminate EV Credits Gains Traction
The bill that would kill EV incentives in Georgia has taken a step closer to being voted upon by the state’s legislature.
The Atlanta Journal-Constitution reports Georgia House Bill 122, sponsored by Rep. Chuck Martin of Alpharetta, was thought to have been struck down by the House’s Ways and Means subcommittee last week, only to be brought back to life by the same subcommittee under the circumstance that it was merely tabled.
A spokesperson for the House later explained that HB 122 — which would eliminate the $5,000 tax credit for those who buy or lease an EV like the Nissan Leaf — was treated as a tabled bill when it failed to receive the “do pass” recommendation in the subcommittee, thus allowing members to vote on the bill again.
The bill’s language is also on HB 170, a transportation projects bill that legislators hope will pull in $1 billion in new revenue per year for potential projects. The tax credit, meanwhile, would cost the state $628 million between 2016 and 2020, per official state estimates.
You aren't inducing anyone to buy an electric car that they otherwise wouldn't, you are just subsidizing those who would have anyway. And I'm still wondering why electric car didn't follow the typical car model in which new, high tech features are introduced on high end car first, then trickle down. Instead, we have a system that focuses on making them as cheap as possible, causing huge losses for the automakers and expensive tax credit programs for the government. I think the perfect government car would be a fuel cell electric car that runs on corn based ethanol.
And that @dwford is exactly why there shouldn't be a subsidy on one type of alternative fuel technology over another. It skews the results and makes everyone think that electric cars are much more popular than other choices such as fuel cell, CNG, or whatever.
Unless they actually tack on a $7500 or whatever EXTRA tax they're not eliminating EV tax credits, but talking about merely pulling Georgia state incentives for said EVs. *YAWN*
"HB 122 — which would eliminate the $5,000 tax credit for those who buy or lease an EV like the Nissan Leaf...The tax credit, meanwhile, would cost the state $628 million between 2016 and 2020, per official state estimates." Who did the "official state estimates," again? Do they really expect there will be more than 125,000 EVs sold in Georgia over those four years? Holy cow.