Senate Bill Proposes $10K Tax Credit for Electric Cars

House bill would offer $800 million in selected communities.

Published: 10-Jun-2010

As oil continues to flow into the Gulf, it is becoming increasingly clear that this environmental disaster will be a major sticking point for voters come November.

And I'm convinced this is why we're now seeing new House and Senate bills that, if passed, will increase incentives for electric vehicles.

Sure, the timing is suspect... But if this helps bolster support for electric vehicles — and makes us some money in the process — then I'm all for it.

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