HOUSE OF REPRESENTATIVES

152nd GENERAL ASSEMBLY

HOUSE AMENDMENT NO. 1

TO

HOUSE BILL NO. 12

AMEND House Bill No. 12 on line 8 by inserting “new” after “qualifying” and before “EV” therein.

FURTHER AMEND House Bill No. 12 after line 22 and before line 23 by inserting the following and redesignating accordingly:

“ (4) “MSRP” means the manufacturer’s suggested retail price for an electric vehicle as set by the electric vehicle’s manufacturer. ”.

FURTHER AMEND House Bill No. 12 by deleting lines 24 through 26 in their entirety.

FURTHER AMEND House Bill No. 12 on line 39 by deleting “ $60,000 in total vehicle price. ” and inserting in lieu thereof the following: “ $50,000 in MSRP. ”.

FURTHER AMEND House Bill No. 12 on line 52 by inserting “both new and used” after “of” and before “electric” therein.

SYNOPSIS

This Amendment changes the price cap for a vehicle eligible for the Electric Vehicle Rebate Program from $60,000 in total vehicle price to $50,000 in MSRP. It also clarifies that DNREC and DOT should determine the median cost of both new and used electric vehicles when determining whether the median cost of electic vehicles is comparable with that of internal combustion engine vehicles.