AB 493: Clean car discounts

Don’t you wish there were a way to encourage the purchase of cleaner cars and trucks, help low income people reduce their transportation costs, and reduce greenhouse gas emissions, using market incentives instead of mandates? There is. AB 493 (Ruskin) creates the Clean Vehicle Incentive Program, a self-contained revenue-neutral program that establishes a sliding scale of rebates for the purchase of new low-GHG vehicles and surcharges on the price of high GHG emitters. Unlike other state and federal programs that are limited to promoting advanced technologies like hybrids and alternative fuel vehicles, AB 493 will benefit buyers of all lower emission vehicles.