WASHINGTON – Here in the DC, the House Transportation and Infrastructure Committee will hold a meeting today to discuss its proposed budget legislation, and there is a sadness for power vehicles and hybrid drivers. As part of an ongoing war against the Republican Party Science And Environment Under President Trump, Committee Chairperson Sam Cyprus (R-Mo.) has included some new annual fees, which will cost all drivers, but some drivers are more.
Are intended to use a republican Budget reconciliation process To pass this law, which is a fast process that relieves the US Senate’s ability to withhold some of the capabilities. They are proposing a new annual federal motor vehicle registration fee, which has to submit to the state DMV and will have to return to the federal government.
If it passes, all battery EVs will be subject to a new $ 200 tax. Hybrids – is described as a vehicle operated by both electric motor and internal combustion engine or other electricity (which includes fuel cell EV) – $ 100. But someone who travels 90 miles a day goes away with $ 20 a year in the F-350 duramax diesel pickup truck, and only from October 1, 2030. By then they drive for free.
To improve things and improve, these fees need to be linked to inflation and it should be increased by 2034 every year when the tax period will be for unelected vehicles, or 2035, which will be taxed on EV and hybrids last year. Therefore, the $ 200 registration fee in 2026 becomes 250 registration registration fee in 2035.
However, not everyone has to pay. The bill is exempt from commercial vehicles, which should see the rush to register their vehicles under their business by taxpayers, as we saw during the George W. Bush administration, when changing tax law means business. 000 can claim 100,000 tax credit If they purchased a truck or SUV that weighs more than £ 6,000. Form vehicles are also exempt from the law.
As much as it is in the United States with the adoption of the EV, the amount raised by these EVs and hybrid charges will be basically a round mistake in the federal budget, which should be at the top of the $ 7 trillion this year. The ENO Center for Transport is calculated that the new tax will contribute $ 110 billion to the Highway Trust Fund by 2035, but other taxes and higher costs mean that the fund will still reduce its promises by $ 222 billion.