News From Trenton · March 6, 2024

Murphy’s Mixed Message on EVs: Pump Up Incentives, Pull Plug on Sales Tax Exemptions

Credit: Image by Mohamed Hassan from Pixabay

njspotlightnews.org

Gov. Phil Murphy wants to pump an additional $20 million into a popular program to give drivers a financial incentive to buy electric vehicles. But at the same time he wants to phase out a sales tax exemption that saves those consumers thousands of dollars when buying zero-emission vehicles.

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From NJ SEED: News From Trenton - March 6, 2024.