Maryland Hybrid vehicle purchase Tax Incentives

Baltimore Monthly Parking Discount: Beginning on October 31, 2005, the city of Baltimore will offer discounted parking for hybrid vehicles at 15 locations around the city. Initially, Baltimore will cap participation at 200 vehicles, and the program will apply only to monthly, contract parking. Eligible models will be the Toyota Prius, the Honda Insight and the Honda Civic Hybrid. Owners can apply for a decal that will let them park in specially designated spots in the city's garages. A set number of first-floor spots will be designated in each garage for hybrids and a corresponding number of decals will be issued for that garage. Waiting lists will be used if more car owners are interested in taking part. Baltimore is also considering reduced metered parking charges for hybrids.
Participating Garages


Garage Location

Address

Market Price(mo.)

Hybrid Price(mo.)

Arena

99 S. Howard St.

$140

$77.50

Baltimore St.

15 Guilford Ave.

$175

$95

Caroline St.

805 S. Caroline St.

$90

$52.50

Fleet & Eden

500 S. Eden St.

$130

$72.50

Franklin Street

15 W.Franklin St.

$120

$67.50

Lexington Street

510 E. Lexington St.

$120

$67.50

Little Italy

500 S. Central Ave.

$95

$55

Marina

402 Key Highway

$90

$52.50

Market Center

221 N. Pica St.

$80

$47.50

Marriot

405 W. Lombard St.

$140

$77.50

Penn Station

1511 N. Charles St.

$180

$97.50

Redwood Street

11 S. Eutaw St.

$130

$72.50

St. Paul Street

210 St. Paul Place

$185

$100

Walter Street

414 Walter St.

$130

$72.50

West Street

40 E. West St.

$90

$52.50

Vehicle Emission Tests Exemption Law : H.B. 61 exempts qualified hybrid electric vehicles from motor vehicle emissions testing requirements.
Introduced 1/21/2003 and was enacted.
Hybrid Tax Credit (bill): H.B. 212 establishes a credit equal to 50% of the motor vehicle excise tax for qualified electric and hybrid vehicles titled in the State from July 1, 2006, to June 30, 2009. Eligible vehicles must get 35mpg if they weigh 3,700 pounds or below, 30mpg if they are above 3,700 pounds. There are also a number of technology thresholds that help to determine the extent of the credit. Introduced 1/23/06 and referred to House Ways and Means Committee.
State Hybrid HOV (bill): H.B. 34 would require the State Highway Administration, on traffic control devices that designate a portion of a highway as a restricted use, high occupancy vehicle (HOV) lane, to indicate that the HOV lane may be used by specified inherently low emission vehicles and qualified hybrid vehicles. This bill was withdrawn 2/7/05 and no further action was taken.
State HOV Hybrid (bill): H.B. 142 would require the State Highway Administration to place traffic control devices indicating that high occupancy vehicle (HOV) lanes may be used by inherently low emission vehicles and qualified hybrid vehicles. It also would authorize the Motor Vehicle Administration to charge a specified fee for issuing a permit under the Act. Introduced 1/18/2005. Reported unfavorably by the Environmental Matters Committee--no further action taken.
Vehicle Excise Tax Credit (bill): S.B. 12 would establish a period of eligibility for a credit against the motor vehicle excise tax for qualified electric vehicles and hybrid vehicles from July 1, 2005, to June 30, 2009.
Introduced 1/12/2005. Reported unfavorably by the Budget and Taxation Committee--no further action taken.
Tax Credit- Electric and Hybrid Vehicles (bill): HB 368 reestablishes a vehicle excise tax credit for qualified hybrids. The bill would establish a credit equal to 50% of the motor vehicle excise tax for qualified electric and hybrid vehicles titled in the State from July 1, 2005, to June 30, 2008. Qualifying hybrids must achieve a fuel economy rating of more than 45 miles per gallon(mpg) for a vehicle weight of 3,700 pounds or less or for vehicles weighing over 3,700 pounds, a fuel economy rating of at least 30 mpg.
For a qualified hybrid vehicle that has a rechargeable energy storage system that provides at least 5% of the vehicle's maximum available power, the credit allowed under this section may not exceed:
(i) $250 if the vehicle's rechargeable energy storage system provides at least 5% but less than 10% of the maximum available power;
(ii) $500 if the vehicle's rechargeable energy storage system provides at least 10% but less than 20% of the maximum available power;
(iii) $750 if the vehicle's rechargeable energy storage system that provides at least 20% but less than 30% of the maximum available power; or
(iv) $1,000 if the vehicle's rechargeable energy storage system that provides at least 30% of the maximum available power.
If a qualified hybrid vehicle actively employs a regenerative braking system that supplies to the rechargeable energy storage system at least 20% of the energy available from braking in a typical 60 miles per hour to 0 miles per hour braking event, the credits listed above maybe increased by an amount that will not exceed $500 depending on how much energy from braking is transferred to the energy storage system.
Introduced 1/28/05. Reported unfavorably by Ways and Means Committee--no further action taken.
Hybrid State Tax Credits: The Maryland Clean Energy Incentive Act, effective July 1, 2000, through July 1, 2004, provided tax credits against the 5% vehicle excise tax, up to $2,000 for EVs and up to $1,000 for qualifying HEVs for model year 2000 and later. The credit values for HEVs vary depending on the amount of rechargeable energy and regenerative braking utilized. Credits range from $250 to $1,000. Though available CEIA tax credits or rebates expired June 30, 2004, you still may be able to receive a tax rebate on products covered by the Maryland Clean Energy Incentive Act, if purchased within the dates of the Act. For more information, contact Michael Li of the Maryland Energy Administration at (800) 72-ENERGY, or via email at [email protected]. (Reference Annotated Code of Maryland, Section 13-815 of the Transportation Article). Note: this program expired in 2004, but if the vehicle was purchased within that time period, it may still be eligible.