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HB19-1159: Modify Innovative Motor Vehicle Income Tax Credits

This bill modifies the amount and extends the time of tax credits for the purchase or lease of electric vehicles.

Signed Bill

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Year Published: 2019

Published by: Colorado Department of Revenue Taxation Division

Summary

The act modifies the amounts of and extends the number of available years of the existing income tax credits for the purchase or lease of an electric motor vehicle, a plug-in hybrid electric motor vehicle, and an original equipment manufacturer electric truck and plug-in hybrid electric truck.