Federal lawmakers are advancing a new funding approach for highway maintenance as Congress works on a long-term surface transportation package. The bipartisan proposal would charge electric vehicles $130 a year and some plug-in hybrid models $35 to help cover road repair costs.
Highlights
- U.S. House lawmakers propose an annual $130 fee for electric vehicles and $35 for certain plug-in hybrids in new bipartisan legislation.
- The House's five-year highway reauthorization bill is expected to exceed $500 billion before the current law sunsets on Sept. 30.
- Proposed fees seek to offset declining gasoline and diesel tax revenues caused by rising electric vehicle adoption impacting infrastructure funding.
Highway funding plan takes shape
As reported by Reuters, U.S. House lawmakers propose bipartisan legislation that would require electric vehicles to pay an annual $130 fee, while some plug-in hybrid models would face a $35 charge.The measure emerges as the House works on a five-year highway reauthorization bill that is expected to cost more than $500 billion before the current law expires on Sept. 30.
Pressure on traditional road tax revenues
Most revenue for federally funded road repairs is collected through diesel and gasoline taxes, which electric vehicles do not pay.The proposed fees aim to address that gap as EV adoption changes the mix of vehicles contributing to U.S. transportation infrastructure funding.
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