WASHINGTON (AP) – Consumers who buy plug-in electric vehicles could get a rebate of up to $7,500 at the point of sale under legislation being proposed by Sen. Debbie Stabenow, D-Mich.

The Michigan lawmaker is releasing a bill on Monday that proposes more incentives for electric cars.

Consumers get the current $7,500 tax incentive for electric cars when they file their taxes. The bill would make it available at the point of purchase.

Stabenow also wants tax credits for investments into electric vehicle recharging stations and for businesses that buy hybrid trucks. It also seeks more funding to develop the nation’s advanced battery industry.

The White House has called for 1 million electric vehicles to be on the nation’s roads by 2015. 
Copyright 2011 by The Associated Press.  All Rights Reserved.

  1. TaterSalad says:

    Just another name for “Cash for Clunkers” and we all know how that worked out for the taxpayer of the United States who foot the bill for this socialist program.

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