An official website of the State of Maryland.

Maryland.gov Translate

Official websites use .gov
A .gov website belongs to an official government organization in the United States.

Secure .gov websites use HTTPS
A lock ( ) or https:// means you’ve safely connected to the .gov website. Share sensitive information only on official, secure websites.

MDOT Motor Vehicle Administration

Excise Tax Credit for Plug-in Electric or Fuel Cell Vehicles – No More Fiscal Year 2026 Funding

Bulletin | January 12, 2026

Updated:

To: All Dealers 
From: Vehicle Services Division
Date: August 12, 2025 

PURPOSE OF MEMORANDUM 
To advise Maryland dealers that there are no available funds for this fiscal year’s electric vehicle (EV) excise tax credit 
 

SUMMARY 
The Motor Vehicle Administration (MVA) reports that the Fiscal Year 20261 funds for the EV excise tax credit are depleted. We will, however, continue to accept applications and place applicants on a waiting list. 
 

Although we will continue to accept applications for this credit, you must notify customers – before they buy or lease an eligible plug-in electric vehicle or fuel cell vehicle – that: 

  1. They may not receive the Maryland EV excise tax credit for their vehicle and
  2. If funds are provided in the Fiscal Year 2027 budget, the vehicle owner(s) may not receive the credit until after July 1, 2026. 

SUBMITTING AN APPLICATION FOR FISCAL YEAR 2027 EV TAX CREDIT WAITING LIST 
To ensure your eligible customers receive a tax credit if funding is available, please submit the required documents for eligible individuals. These documents are: 

  1. Completed VR-334 - PDF : Excise Tax Credit Request for Plug-In Electric Vehicle
  2. A copy or image of the window sticker (Monroney sticker)
  3. A copy of the bill of sale and
  4. A copy of the Manufacturer’s Certificate of Origin 

The fastest way to join the Fiscal Year 2027 waiting list is for dealers – not the eligible customer – to submit the required documents. The MVA requests dealers to submit the documents via ERT but will accept them via email to [email protected]. The documents can also be submitted via USPS mail, but this will delay placing an applicant on the Fiscal Year 2024 waiting list. 

BACKGROUND 
The Clean Cars Act of 2022 (codified as §13-815 of the Transportation Article) established an electric vehicle tax credit for Fiscal Years 2024 through 2027. For each fiscal year, the Maryland Energy Administration transfers up to $8,250,000 to the Transportation Trust Fund for this tax credit. 

The MVA administers the tax credit, which provides a one-time tax credit for qualifying zero emission plug-in electric or fuel cell electric vehicles2. The amount of the tax credit depends on the type of vehicle. 

  • $1,000 for a 2-wheeled, zero emission plug-in electric drive or fuel cell electric motorcycle
  • $2,000 for a 3-wheeled, zero emission plug-in electric drive or fuel cell electric motorcycle
  • $3,000 for a zero-emission plug-in electric drive or fuel cell electric vehicle 

The credit is limited to one vehicle per individual and 10 vehicles per business entity. 
 

For any questions, please contact Vehicle Services: Refund Unit at 410-787-2947