Terp disposition 2025

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1 percent of total consideration paid for the vehicle (model years 1997 and later). 2.5 percent of total consideration paid for the vehicle (model years prior to 1997).
TERP offers grants for people and businesses in industries like trucking, farming, and construction. Recipients can use the funds for upgrading to newer, cleaner technology, and retiring outdated pieces of machinery.
State-Specific Rebates and Incentives The Texas Emissions Reduction Program (TERP) makes a $2,500 rebate available for the purchase or lease of an electric or plug-in hybrid vehicle. This rebate applies retroactively to EVs and hybrids purchased on or since September 1, 2021.
TERP is a program of TCEQ. Since 2001, TERP has provided thousands of Texans with grant funding to purchase new vehicles and equipment. By working to remove outdated vehicles and equipment from the road, job site, or field, TERP is accomplishing its mission to cut NO X emissions and reduce impacts on the environment.
How much is the fee? The fee is 1.333 cents per barrel of crude oil or condensate. However, the fee can vary or be suspended depending on the balance in the states Coastal Protection Fund and subject to certification by the General Land Office.
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