Electric Vehicles

New Jersey State Assembly Approves EV Purchase Business Tax Credits

February 22, 2011

TRENTON, NJ – The New Jersey state assembly approved a bill (A-3651) that would allow businesses and residents to receive a tax credit or a gross income tax deduction for the purchase of an electric vehicle or a plug-in hybrid and a corporate business tax credit for the purchase of an electric truck or electric bus.

 

 

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