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Senate committees approve barrel-tax increase to boost EV charger fund amid grid-capacity concerns
Summary
A joint Senate hearing approved SB 2905 to raise the environmental response tax allocation for an electric-vehicle (EV) charging systems subaccount, increasing the subaccount share by 10¢ (from 3¢ to 13¢). Witnesses said demand for chargers far outpaces current funding and raised questions about grid capacity and implementation timelines.
The Senate committees on Energy and Intergovernmental Affairs and AEN on Thursday approved SB 2905, which increases the portion of the barrel tax directed to an electric vehicle charging system subaccount.
The bill would raise the subaccount allocation by 10¢, moving the EV charging subaccount from 3¢ to 13¢ per barrel, and direct additional revenues to funding public EV chargers. "This bill addresses one of the most significant barriers to EV adoption," Dura Shin of the nonprofit Children’s Trust said in testimony, noting a June 2024…
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