State lawmakers discuss climate action bills - CBS Colardo

State lawmakers discuss climate action bills - CBS Colorado

State lawmakers discuss climate action bills

State lawmakers are discussing climate action bills this week. One of those includes some tax credits.

The measure extends the $5,000 credit for electric and hybrid vehicles through 2028. It also increases the credit to $7,500 for vehicles that cost less than $30,000.

The bill also extends a tax credit between $5,000 and $12,000 for electric trucks through 2032.

Colorado residents who buy an electric bike can get up to an $800 tax credit.

That legislation passed the House Energy and Environment Committee on Thursday.

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