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Committee approves lower registration fee for regular hybrids, keeps higher fees for plug-in hybrids and electric cars

TRANSPORTATION, TECHNOLOGY & LEGISLATIVE AFFAIRS - SENATE · March 2, 2021
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Senate Bill 225, sponsored by Senator Johnson, sets regular hybrid registration at $50, plug-in hybrids at $100 and fully electric vehicles at $200, effective Jan. 1, 2022; DFA estimated annual revenue reduction up to about $1.1 million, with a partial-year impact of about $550,000.

The Senate Transportation Committee approved Senate Bill 225, which changes the state vehicle registration-fee structure for electric and hybrid vehicles. Sponsor Senator Johnson said the bill would set a $50 registration fee for regular hybrid vehicles, retain a $100 fee for plug-in hybrid vehicles and keep the $200 fee for fully electric vehicles. Johnson said the distinctions are meant to reflect differences in fuel-tax contributions and vehicle efficiencies, and that the January 1, 2022 effective date would give the Department of Finance and Administration time to identify vehicle types…

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