Oklahoma tax credits on electric vehicles to end July 1
The Legislature eliminated the consumer tax credits on Friday, the final day of the session, but added a new credit for manufacturers.
The state has pulled the plug on tax credits for electric vehicle buyers.
A law passed Friday, the final day of the legislative session, eliminating the tax credit effective July 1. The changes won't impact existing tax credit applications or pending litigation because it isn't retroactive, the Oklahoma Tax Commission said.
John Lohman demonstrates the Kandi COCO electric car at Trinity Trikes in Moore, Oklahoma October 23, 2009. Photo by Steve Gooch
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