Republicans want to tax EV drivers $200/year in new transport bill
a year ago
- #federal budget
- #transportation policy
- #electric vehicles
- House Transportation and Infrastructure Committee discusses new budget legislation with fees for electric and hybrid vehicles.
- New annual federal motor vehicle registration fees proposed: $200 for battery EVs, $100 for hybrids, and $20 for diesel trucks starting 2030.
- Fees will increase with inflation until 2034 for unelectrified vehicles and 2035 for EVs and hybrids.
- Commercial and farm vehicles are exempt from the new fees.
- The new tax is expected to contribute $110 billion to the Highway Trust Fund by 2035 but may still leave a $222 billion shortfall.