New Jersey § 48:25-4
Full text of New Jersey New Jersey Statutes § 48:25-4, with citation guidance and answers to common questions.
§ 48:25-4.
a. No later than 180 days after the effective date of P.L.2019, c. 362 ( C.48:25-1 et al.), 1 the Board of Public Utilities shall establish and implement a light duty plug-in
electric vehicle incentive program for the purpose of encouraging the purchase or
lease of new light duty plug-in electric vehicles in the State. b. The board shall implement the light duty plug-in electric vehicle incentive program
until June 30th of the 10th year after establishment of the incentive program. c. (1) Any incentive offered pursuant to this section shall take the form of a one-time
payment to the purchaser or lessee of an eligible vehicle. (2) For the first year an incentive is offered, the amount of the incentive shall
be equal to $25 per mile of EPA-rated electric-only range up to a maximum of $5,000
per eligible vehicle. For each subsequent year an incentive is offered, the board may, after consideration
of stakeholder input, change the amount of the incentive and the manner in which an
incentive is calculated, provided that no incentive shall exceed $5,000 per eligible
vehicle. The board shall publish the amount of any incentives on its Internet website. (3) The board may limit the number of plug-in electric vehicle incentives that it
issues to a single person. (4) The board may establish other requirements and parameters for the incentive program
as it deems necessary and reasonable to further the goals of P.L.2019, c. 362 ( C.48:25-1 et al.). d. The board shall monitor the disbursement of incentives under the incentive program,
and annually reassess the design and implementation of the incentive program. Provided the board's action is consistent with the provisions of subsection c. of
this section, the board may: (1) revise the incentive program, any aspect of the incentives, or the related implementation
procedures or processes; and (2) develop additional incentives consistent with the goals of P.L.2019, c. 362 ( C.48:25-1 et al.) in order to ensure efficient and equitable electrification of transportation
in the State. e. Notwithstanding any other provision of law to the contrary, a light duty plug-in
hybrid vehicle shall not qualify for an incentive under the light duty plug-in electric
vehicle incentive program after December 31, 2022. 1
L.2019, c. 362, eff. Jan. 17, 2020.
Frequently Asked Questions About New Jersey § 48:25-4
What does New Jersey Statutes § 48:25-4 cover?
Section 48:25-4 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 48:25-4?
A common citation format is "New Jersey Statutes § 48:25-4" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 48:25-4 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.