Maryland On May 20, 2010 Maryland Governor Martin O’Malley signed four clean energy bills continuing the state’s leadership in sustainability. The new legislation includes the following:
- HB 469 creates a motor vehicle excise tax and a credit against the excise tax for electric vehicles. The credit applies to qualified plug-in electric vehicles and is equal to 100% of the State vehicle excise tax imposed, not to exceed $2000.
- HB 674 authorizes plug-in electric vehicles with MD permits to use high occupancy vehicle (HOV) lanes along the two federal highways in Maryland.
- HB 464 extends both the termination date of the existing clean energy production tax credit and the date by which a facility must begin producing qualified energy in order to claim the credit. The new termination date is December 31, 2010 and the extended qualifying production date is January 1, 2016.
- SB 277 increases the annual percentage requirements under Maryland’s Renewable Energy Portfolio Standard (RPS) for electricity from solar energy sources between 2011 and 2016. The updated RPS requires a 0.5% carve-out for solar by 2016 compared to 0.35% in the earlier RPS. The alternative compliance payment (ACP) for failing to meet the solar requirement will also increase by $0.05 per kilowatt-hour (kWh) in 2011 and by $0.10 per kWh beginning in 2013.