Plug-in Electric Vehicle Rebate Program Act | ESCAP Policy Documents Managment

Meta Data

Draft:

Revision of previous policy?:

Draft Year:

2013

Effective Start Year:

2014

Scope:

National

Document Type:

Act

Economic Sector:

Power

Energy Types:

Power

Issued by:

Guam Legislature

Source:

Guam Legislature

File:

Plug-in Electric Vehicle Rebate Program Act

Overall Summary:

An Act to establish the Plug-in Electric Vehicle Rebate Program Act in the Island of Guam. Through this Act, the Government shows its strong commitment to encourage Guam motorists to consider the purchase of plug-in electric vehicles by offering its own rebate incentive program for plug-in electric vehicle purchasers.

Renewable Energy

RE capital subsidy, grant, or rebate:

It is the intent of I Liheslaturan Guahan to [...] [encourage] Guam motorists to consider the purchase of plug-in electric vehicles by offering its own rebate incentive program for plug-in electric vehicle purchasers. ---The Guam Energy Office (GEO) shall develop, implement, and administer the Plug-In Vehicle Rebate 13 Program (Program) to provide financial assistance toward the purchase of a plug-in electric vehicle.---Each natural person that purchases a qualified plug-in electric drive motor vehicle shall be eligible for one (I) rebate that shall be calculated to consist of not more than ten percent (10%) of the total base price of the qualified plug-in electric drive motor vehicle not to exceed a total base price of Thirty Thousand Dollars---A rebate is available for the purchase of a new qualified plug-in electric drive motor vehicle.

Environment

Decarbonization strategy:

It is the intent of I Liheslaturan Guahan to [...] [encourage] Guam motorists to consider the purchase of plug-in electric vehicles by offering its own rebate incentive program for plug-in electric vehicle purchasers. ---The Guam Energy Office (GEO) shall develop, implement, and administer the Plug-In Vehicle Rebate Program (Program) to provide financial assistance toward the purchase of a plug-in electric vehicle.---Each natural person that purchases a qualified plug-in electric drive motor vehicle shall be eligible for one (I) rebate that shall be calculated to consist of not more than ten percent (10%) of the total base price of the qualified plug-in electric drive motor vehicle not to exceed a total base price of Thirty Thousand Dollars---A rebate is available for the purchase of a new qualified plug-in electric drive motor vehicle.

Technology

Clean energy technology deployment:

It is the intent of I Liheslaturan Guahan to [...] [encourage] Guam motorists to consider the purchase of plug-in electric vehicles by offering its own rebate incentive program for plug-in electric vehicle purchasers. ---Each natural person that purchases a qualified plug-in electric drive motor vehicle shall be eligible for one (l) rebate.---A rebate is available for the purchase of a new qualified plug-in electric drive motor vehicle.

Full Document Text

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IMINA 'TRENTAI DOS NA LIllESLATURAN GUAllAN

2013 (FIRST) Regular Session

Bill No. 203-32 (COR)

As substituted by tbe Committee on Appropriations, Publie Debt, Legal Affairs, Retiremeut, Public Parks,

Historic Preservation and Land;

and amended on the Floor.

Introduced by:

Chris M, Duenas Dennis G. Rodriguez, Jr. Tommy Morrison

V. Anthony Ada

T. C. Ada FRANK B. AGUON, JR.

B. J.F. Cruz Michael T. Limtiaco Brant T. McCreadie

T. R. Muna Barnes Vicente (ben) C. Pangelinan

R. J. Respicio Michael F. Q. San Nicolas Aline A. Yamashita, Ph.D. Judith T. Won Pat, Ed.D.

§ 45AIOl. Establishment and Title. This Chapter shall be known as the Plug-In Vehicle Rebate Program Act (Act). The Guam Energy Office (GEO) shall develop, implement, and administer the Plug-In Vehicle Rebate Program (Program) to provide financial assistance toward the purchase of a plug-in electric vehicle.

§ 45AI02. Definitions. For the purposes of this Chapter, except as otherwise specifically provided, the following words and phrases, together with all of the common derivatives thereof (i.e. verbs, plurals, gender, etc.), shall have the meaning ascribed to them in this Chapter.

(a) Natural person shall mean a human being.

(b) Purchaser shall mean the natural person who purchased a new qualified plug-in vehicle for which an application for the Program is made.

(c) Qualified plug-in electric drive motor vehicle shall mean a new vehicle with at least four wheels, that draws propulsion using a traction battery that has at least four kilowatt hours (kWh) of capacity, uses an external source of energy to recharge the battery, has a gross 2015, Three Hundred Thousand Dollars ($300,000) shall be appropriated from the General Fund to the Guam Energy Office for the payment of rebatcs to eligible claimants. This appropriation shall continue to be available until fully expended.

45AI03. Rebate Incentive Offered. Each natural person that purchases a qualified plug-in electric drive motor vehicle shall be eligible for one (l) rebate that shall be calculated to consist of not more than ten percent (10%) of the total base price of the qualified plug-in electric drive motor vehicle not to exceed a total base price of Thirty Thousand Dollars ($30,000). Each natural person shall only be eligible for one rebate for said natural person's lifetime. The tenus the purchaser must meet include, but are not limited to, proof of purchase of the new qualified plug-in electric drive motor vehicle and proof of insurance for said vehicle. The purchaser shall agree to maintain ownership of the qualified plug-in electric drive motor vehicle for a period of not less than thitiy-six (36) months, and shall complete and submit the necessary fonus as preseribed by the GEO to claim a rebate pursuant to the Program. If the purchaser transfers ownership of the qualified plug-in electric drive motor vehicle for which a rebate was granted within the thirty-six (36) month period, the purchaser shall repay a prorated amount of the rebate granted to be detenuined by the GEO in the formulation of its promulgated rules and regulations. The rebate offered in this Section shall be in addition to any federal tax credit applicable to the purchase of a qualified plug-in electric drive motor vehicle.

§ 45AI04. Eligible Vehicle, Determined. A rebate is available for the purchase of a new qualified plug-in electric drive motor vehicle pursuant to the definition in §45A102(c) of this Chapter.

§ 45AI05. Rebates,Funded. Beginning with Fiscal Year 2015, therebates shall be paid from sums set aside in the annual budget of thegovernment of Guam enacted for each tlscal year. Beginning in Fiscal Year 2015, Three Hundred Thousand Dollars ($300,000) shall be appropriated from the General Fund to the Guam Energy Office for the payment of rebates to eligible claimants. This appropriation shall continue to be available until fully expended.

§ 45A106.Program, Phase-out. The rebate authorizcd in this Chapter is subject to a phase-out (reduction) once one hundred (100) qualified plug-in electric drive motor vehicle rebatcs have been provided beginning after October 1, 2014. The phase-out shall begin in the second calendar quarter after the quarter in which the hundredth (100th) rebate has been granted. During this quarter, the GEO shall be authorized to only provide fifty percent (50%) of the full rebate for the following two (2) quarters, then twenty-five percent (25%) of the full rebate for an additional two (2) quarters, and no rebate thereafter.

§ 45AI07. Rules and Regulations. Within one hundred eighty (180) days after the enactment of this Act, the GEO shall adopt such rules and regulations as may be necessary to implement the provisions of this Chapter in accordance with the Administrative Adjudication Act.

§ 45AI08. Effective Date. With the exception of §45A106 and §45A107 of this Chapter being effective upon enactment of this Act, all other provisions of this Chapter shall be effective on October 1,2014.

§45AI09. Severability. If any of the provisions of this Chapter or the application thereof to any person or circumstance is held invalid, such invalidity shall not affect any other provision or application of this Chapter which can be given effect without the invalid provision or application, and to this end the provisions of this Chapter are severable."