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Program logo The Toyota Corolla was the program's top seller according to U.S. DoT [1] The Ford Explorer 4WD was the program's top trade-in according to the U.S. DoT [1]. The Car Allowance Rebate System (CARS), colloquially known as "cash for clunkers", was a $3 billion U.S. federal scrappage program intended to provide economic incentives to U.S. residents to purchase a new, more fuel ...
An employer in the United States may provide transportation benefits to their employees that are tax free up to a certain limit. Under the U.S. Internal Revenue Code section 132(a), the qualified transportation benefits are one of the eight types of statutory employee benefits (also known as fringe benefits) that are excluded from gross income in calculating federal income tax.
The Vehicle must be treated as a motor vehicle for it to fall under title II of the clean air act. The Vehicle must be propelled to a significant extent by electricity. Must have a battery with the capacity of 4 kilowatt hours or more. The battery must also be capable of being recharged from an external source of electricity.
Homeowners in New York state are eligible for up to $1,050 in property-tax rebates as part of a statewide stimulus program, while New York City households get an average of $425.
Up until five days ago, car buyers had to wait until they filed their federal income taxes to receive the benefits of the federal electric vehicle (EV) tax credit.However, changes to EV tax breaks ...
The Texas Legislature convenes on Jan. 10. From property taxes to school vouchers, the agenda for the coming Texas legislative session is taking shape as bills are filed in preparation for January.
In November 2013, the Texas Commission on Environmental Quality approved a rebate program to provide financial incentives up to $2,500 for the purchase or lease of new eligible vehicles powered by compressed natural gas (CNG), liquefied petroleum gas (LPG), or plug-in electric drive with battery capacity larger than 4 kWh, from a licensed dealer or leasing company. [2]
The House blocked school vouchers during this year’s regular lawmaking session, but a report released Friday shows some members might be willing to approve a scaled-back version of the program ...
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