Ohio Hybrid Tax Credit Bill Introduced

Discussion in 'Prius, Hybrid, EV and Alt-Fuel News' started by roach52osu, Dec 30, 2005.

  1. roach52osu

    roach52osu New Member

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    Just found this legislation for the state of Ohio for hybrid cars purchased starting in 2006 ... The bill is moving along since it's introduction on 12/15/05 and would offer a $3000 tax credit for qualifying hybrid car purchases. (lower MPG mild hybids getting under 40 MPG would get a $2000 state tax credit) (added 1/1/06 thanks EricGo)

    http://www.legislature.state.oh.us/bills.cfm?ID=126_HB_0453

    For legislation it seems quite strait forward.

    Enjoy,
     
  2. Patience

    Patience New Member

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    This is very interesting. I'm also from Ohio and will be purchasing my Prius in 2006. Do you know what the chances might be that this will get passed? It seems like a pretty big credit for the state to give.

    -Patience
     
  3. roach52osu

    roach52osu New Member

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    There is a status report you can see through the link. It seems to be moving with no difficulty at the moment, we will have to keep an eye on it and if you want contact your reps and let them know you support the bill.
     
  4. MBranstein

    MBranstein New Member

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    What a fantastic new year's gift!
     
  5. EricGo

    EricGo New Member

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    If I read correctly, $3000 credit for vehicles with mpg > 40.
     
  6. roach52osu

    roach52osu New Member

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    Ah you are correct... missed that they seperated it between greater than and less than 40 MPG... I will update the origional post as well. Although wither way it will mean I wil get all of my Ohio taxes back :)

    Thanks,
     
  7. rick57

    rick57 Member

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    This would be great for Ohio to offer credits. It would help having both a fed and state deduction and also increase sales of them in the state ( and give me more to work on, :lol: ).
     
  8. roach52osu

    roach52osu New Member

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    Good to here from your perspective Rick57, and I se eyou are with Germain... My car is coming from Tansky but if their service is lacking it is good to see a Tech and Prius Chat member to boot in my area.

    Thanks,
     
  9. rick57

    rick57 Member

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    No problem. If you decide to visit Germain's,just ask for me to look at your Prius. We will see that you have a pleasant experience, :)
     
  10. kelly.cardona

    kelly.cardona New Member

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    Does anyone know if the tax credit is still going out to new Hybrid buyers say if they purchase the Hybrid in '08?
     
  11. rxcrider

    rxcrider Junior Member

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  12. KeinoDoggy

    KeinoDoggy Member

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    Just a note here. This law was never passed....Today our Ohio state legislature passed a law to place a $100/year registration fee for hybrdis and $200/year for EVs. Go figure.
     
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