Electric car credit under review in Georgia - Atlanta News, Weather, Traffic, and Sports | FOX 5

Electric car credit under review in Georgia

Posted: Updated:

By RAY HENRY
Associated Press

ATLANTA (AP) - Georgia may be rolling back tax credits for low-emission and electric vehicles.

Republican state Rep. Chuck Martin says Georgia needs to re-examine a policy that gives consumers a maximum $2,500 tax credit when they buy or lease a low-emission vehicle. They can get up to a $5,000 credit for no-emission vehicles. Tax officials estimate that the tax subsidies cost roughly $1.1 million in 2012.

Martin says the program has no spending caps and could expose Georgia taxpayers to big costs as the cars become more popular. He says tax credits should be available for a broader range of fuel-efficient vehicles.

Democrats say the tax credits should stay because they help reduce pollution, oil consumption and stimulate business.

The plan is before Georgia's state Senate.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • More Local NewsMore>>

  • Woman missing from health care facility

    Woman missing from health care facility

    Tuesday, September 2 2014 6:29 AM EDT2014-09-02 10:29:43 GMT
    Roswell police are searching for a woman who was reported missing from a health care facility.
    Roswell police are searching for a woman who was reported missing from a health care facility.
  • Fatal shooting off Venetian Drive SW

    Fatal shooting off Venetian Drive SW

    Tuesday, September 2 2014 4:03 AM EDT2014-09-02 08:03:45 GMT
    Atlanta police are investigating after a man was fatally shot outside of an abandoned car wash.
    Atlanta police are investigating after a man was fatally shot outside of an abandoned car wash.
  • Burglars pretend to be engaged couple buying a home

    Burglars pretend to be engaged couple buying a home

    Monday, September 1 2014 11:18 PM EDT2014-09-02 03:18:05 GMT
    Deputies are asking the public for help to find more homeowners who may have fallen victim to two burglars, pretending to be in the market for a home.The Forsyth County Sheriff's Office says Tyler Michels and Rebecca Weismayer were arrested for burglarizinga 76-year-old man's home. Deputies say the two posed as an engaged couple looking to buy their first home. Detectives tell FOX 5 the homeowner let the suspects in, allowing the two to case his home. The two waited until the homeowner left, ...
    Deputies are asking the public for help to find more homeowners who may have fallen victim to two burglars, pretending to be in the market for a home.The Forsyth County Sheriff's Office says Tyler Michels and Rebecca Weismayer were arrested for burglarizinga 76-year-old man's home. Deputies say the two posed as an engaged couple looking to buy their first home. Detectives tell FOX 5 the homeowner let the suspects in, allowing the two to case his home. The two waited until the homeowner left, ...
Powered by WorldNow

1551 Briarcliff Rd., NE
Atlanta, GA 30306

Main Number: (404) 875-5555
News Tips: (404) 898-0100

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices