CHARLESTON, W.Va. - State residents hoping to use a $7,500 tax credit to buy a plug-in hybrid car or some other types of alternatively fueled vehicles have until Monday to do so, under legislation advancing in the House of Delegates.
The House is set to vote on the bill Saturday.
The measure was proposed earlier this year by Gov. Earl Ray Tomblin. It limits the tax credit the state offers for alternatively fueled vehicles.
For the last two years, the state has offered a tax credit to residents who buy plug-in electric or hybrid cars, or those fueled by natural gas, propane, butane or 15-percent ethanol fuel blends.
The credit covers 35 percent of the cost of the vehicle, up to $7,500 for cars and $25,000 for large trucks.
Facing a tight budget outlook, Tomblin proposed limiting the credit to just those cars and trucks running on natural gas, butane and propane. The bill would also roll back tax credits for building alternative fuel infrastructure.
The governor's office said the proposal would save the state money while continuing to promote its growing natural gas industry.
As proposed, Tomblin's plan would have gone into effect Jan. 1 of this year, meaning individuals who had already bought vehicles this year expecting to get the credit would not be eligible come tax time.