Virginia § 45.2-1731 - (Effective until January 1, 2027) Electric Vehicle Rebate Program Fund

Full text of Virginia Code of Virginia § 45.2-1731 — (Effective until January 1, 2027) Electric Vehicle Rebate Program Fund, with citation guidance and answers to common questions.

§ 45.2-1731. (Effective until January 1, 2027) Electric Vehicle Rebate Program Fund

A. There is hereby created in the state treasury a special nonreverting fund to be known as the Electric Vehicle Rebate Program Fund. The Fund shall be established on the books of the Comptroller. All funds appropriated for such purpose and any gifts, donations, grants, bequests, and other funds received on its behalf shall be paid into the state treasury and credited to the Fund. Interest earned on moneys in the Fund shall remain in the Fund and be credited to it. Any moneys remaining in the Fund, including interest thereon, at the end of each fiscal year shall not revert to the general fund but shall remain in the Fund. Moneys in the Fund shall be used solely for the purposes set forth in this article, including expenses related to the administration of the Program by the Department. Expenditures and disbursements from the Fund shall be made by the State Treasurer on warrants issued by the Comptroller upon written request signed by the Director of the Department.

B. All funds shall be allocated for the payment of rebates and enhanced rebates in this article. Beginning July 1, 2024, 25 percent of any unused funds remaining in the Fund at the end of the fiscal year shall be reallocated to fund electric vehicle charging infrastructure as approved by the General Assembly.

2021, Sp. Sess. I, c. 493, § 67-1905.

Source: official Virginia text · Last verified 2026-08-27

Frequently Asked Questions About Virginia § 45.2-1731

What does Code of Virginia § 45.2-1731 cover?

Section 45.2-1731 ("(Effective until January 1, 2027) Electric Vehicle Rebate Program Fund") is part of the Code of Virginia, the codified statutory law of Virginia. 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 Virginia § 45.2-1731?

A common citation format is "Code of Virginia § 45.2-1731" (Virginia). 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 Virginia law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Virginia official source linked on this page or consult a licensed Virginia attorney.

How does Virginia § 45.2-1731 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Virginia 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 Virginia.