State lawmakers in Maryland are backing tax breaks for residents who buy electric vehicles. The tax exemptions are capped at $2000 and limited to one per person or 10 per business.
The goal is to get more environmentally-friendly cars on the road by defraying the up-front cost of electric vehicles. Several plug-in electric vehicles are expected to hit the market later this year.
The Maryland Senate unanimously passed the measure Thursday. It now moves to the House of Delegates. Governor Martin O'Malley has made electrical vehicles a top priority. Earlier this month, the governor announced the state would provide $1 million in grants to help promote electric vehicles throughout the state.
Patrick Madden reports.