The Bill Expands Maternity Capital Use to Buy Cars, With Specific Conditions

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The bill aims to modify the framework known as the Additional State Aid Measures for Families with Children. A notable provision in the proposed changes allows families receiving maternity capital to allocate those funds toward purchasing a motor vehicle. This shift broadens the scope of how the aid can be utilized and signals a potential shift in how parental support is delivered within the program. (Source: Izvestia)

According to the bill text, Izvestia outlines a set of detailed criteria that accompany this new option. These criteria address the vehicle’s practical suitability, its price, technical specifications, and overall design. The intent is to ensure that the purchased car meets family needs while maintaining fiscal discipline within the program. (Source: Izvestia)

  • The vehicle bought with maternity capital must provide at least three passenger seats beyond the driver’s seat, ensuring adequate space for a family. This requirement is meant to guarantee a minimum level of practicality for everyday use and family travel, rather than a luxury specification.
  • The engine must not exceed a power rating of 92 kilowatts (125.08 horsepower), a threshold chosen to balance performance with efficiency and cost considerations.
  • The purchase price may not exceed 2 million rubles, and this amount must be verifiable in the payment document submitted for reporting and auditing purposes. The constraint helps maintain budgetary oversight while allowing families to choose reasonably equipped vehicles.

The invoice accompanying the purchase sets out specific rules for how the car can be registered. The vehicle must be acquired in joint ownership with the child, reflecting ongoing eligibility tied to the family’s maternity capital. Additionally, there is a prohibition on selling or exchanging the car within three years of the purchase. If these conditions are breached, the funds must be returned to the Pension Fund. These provisions are designed to prevent rapid resale and ensure the benefit supports long-term family needs. (Source: Izvestia)

Proponents of the bill argue that these measures will offer tangible advantages not only to families with children but also to the broader market. By expanding the permissible use of maternity capital, the policy could stimulate automotive demand, potentially supporting domestic manufacturers and sellers while providing households with practical transportation options. (Source: Izvestia)

  • “Driving” can be read in viber.

A photo credit appears as Sergey Savostyanov / TASS

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