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Lawmakers say vehicle incentive programs have run out of funds; committee to seek $4 million carryover and hold EV program briefing

2127886 · January 18, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

A committee member told the House Transportation Committee on Jan. 17 that the state’s vehicle incentive programs have exhausted funds and that they will ask the committee to request a $4 million carryover to sustain the programs through June.

A committee member told the House Transportation Committee on Jan. 17 that the state’s vehicle incentive programs have exhausted their funds and that they will ask the committee to request a $4 million carryover to sustain the programs through June.

"I'm gonna be putting, for consideration by the committee, a request for $4,000,000 to carry over the vehicle incentive programs," the committee member said, noting the agency (AOT) had requested the same amount to extend incentives until July 1.

Committee members described the incentive programs as popular and credited them with helping low- and moderate-income Vermont residents access more fuel-efficient and electric vehicles. One member said previous program flexibility and rapid disbursement reflected an intentional choice to get…

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