US transportation bill would add a $130 annual fee for EV drivers
a day ago
- #Congress Legislation
- #Road Funding
- #Electric Vehicle Tax
- The 119th Congress is dysfunctional, but agrees on taxing EVs.
- The BUILD America 250 Act includes a $130 annual fee for EV owners, increasing to $150 by 2029.
- Plug-in hybrids (PHEVs) face a $35 annual fee, rising to $50.
- States must collect the federal EV tax, or face withholding of highway funds.
- EV/PHEV fees address declining road funding due to reduced gas tax revenue.
- The rationale is fair share payment, though passenger vehicles cause minimal road damage compared to heavier vehicles.