Maryland Issues Update on Excise Tax Credit for Plug-in Electric Vehicles

The Maryland Department of Transportation issued an update on excise tax credit for purchases of a qualifying zero-emission plug-in electric or fuel cell electric vehicle. The update advises taxpayers that funding for the excise tax credit is no longer available for FY 2026. [Md. Dep’t of Transp., Titling - Excise Tax Credit for Plug-in Electric Vehicles, 10/10/25]

This story was produced by Bloomberg Tax Automation, and edited by Bloomberg Tax staff.