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Zero Emission Vehicle (ZEV) Tax Credit

An income tax credit is available for 20% of the cost to purchase or lease a new ZEV, up to $5,000 per vehicle. For the purpose of this credit, a ZEV is defined as a motor vehicle that has zero tailpipe and evaporative emissions, including a pure electric vehicle. Low-speed vehicles do not qualify for this credit. Any portion of the credit not used in the year the ZEV is purchased or leased may be carried over for up to five years. (Reference Georgia Code 48-7-40.16)