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Summary: In 2009, the state of Colorado adopted H.B. 1331, extending financial incentives available to purchasers of efficient motor vehicles out to 2015. Consumers can claim up to $6,000 in tax credits for the purchase of a hybrid, plug-in hybrid or alternative fuel vehicle. Individuals that convert a personal vehicle to plug-in hybrid technology can claim up to $7,500. Credit amounts are dependent upon the incremental or conversion cost of the alternative fuel or hybrid vehicle. Links: For more information on Colorado’s vehicle tax incentive program, please visit http://www.colorado.gov/energy/index.php?/policy/category/motor-vehicle-incentives/ Last Updated 08/28/2009
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For more information contact: Shruti Vaidyanathan, Transportation Research Assistant |
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