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Ch. 295
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PARRIS N. GLENDENING, Governor
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(5) 80 percent of the funds distributed under § 2-1302.1 of the Tax -
General Article to the Transportation Trust Fund from the sales and use tax
[collected on short-term vehicle rentals under § 11-104 of the Tax - General Article].
13-815.
(A) (1) IN THIS SECTION THE FOLLOWING WORDS HAVE THE MEANINGS
INDICATED.
(2) "AUTOMOBILE" MEANS A 4-WHEELED VEHICLE PROPELLED BY FUEL
THAT:
(I) IS MANUFACTURED PRIMARILY FOR USE ON PUBLIC STREETS,
ROADS, AND HIGHWAYS, OTHER THAN FOR USE EXCLUSIVELY ON A RAIL OR RAILS;
AND
(II) IS RATED AT NOT MORE THAN 8,500 POUNDS UNLOADED GROSS
VEHICLE WEIGHT.
(3) "EXCISE TAX" MEANS THE TAX IMPOSED UNDER § 13-809 OF THIS
SUBTITLE.
(4) "MAXIMUM AVAILABLE POWER" MEANS THE MAXIMUM VALUE OF
THE SUM OF THE HEAT ENGINE AND ELECTRIC DRIVE SYSTEM POWER OR OTHER
NON-HEAT ENERGY CONVERSION DEVICES AVAILABLE FOR A DRIVER'S COMMAND
FOR MAXIMUM ACCELERATION AT VEHICLE SPEEDS UNDER 75 MILES PER HOUR
(5) "QUALIFIED ELECTRIC VEHICLE" HAS THE MEANING STATED IN § 30
OF THE INTERNAL REVENUE CODE.
(6) "QUALIFIED HYBRID VEHICLE" MEANS AN AUTOMOBILE THAT:
(I) MEETS ALL APPLICABLE REGULATORY REQUIREMENTS;
(II) MEETS THE CURRENT VEHICLE EXHAUST STANDARD SET
UNDER THE NATIONAL LOW-EMISSION VEHICLE PROGRAM FOR
GASOLINE-POWERED PASSENGER CARS; AND
(III) CAN DRAW PROPULSION ENERGY FROM BOTH OF THE
FOLLOWING ON-BOARD SOURCES OF STORED ENERGY:
1. A CONSUMABLE GASOLINE OR DIESEL FUEL; AND
2. A RECHARGEABLE ENERGY STORAGE SYSTEM.
(B) (1) EXCEPT AS PROVIDED IN SUBSECTION (E) OF THIS SECTION, A
CREDIT IS ALLOWED AGAINST THE EXCISE TAX IMPOSED FOR A QUALIFIED
ELECTRIC VEHICLE OR A QUALIFIED HYBRID VEHICLE.
(2) SUBJECT TO THE LIMITATIONS UNDER SUBSECTIONS (C) AND (D) OF
THIS SECTION, THE CREDIT ALLOWED UNDER THIS SECTION EQUALS 100% OF THE
EXCISE TAX IMPOSED FOR A VEHICLE.
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- 1727 -
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