AK SB115

Removes commercial motor vehicle exclusion from permanent vehicle registration eligibility, allowing them to register permanently if at least eight years old in qualifying jurisdictions.

Prohibits electric vehicles, plug-in hybrid vehicles, and alternative fuel vehicles from obtaining permanent registration.

Imposes biennial special registration fees of $100 for electric vehicles, $100 for alternative fuel vehicles (hydrogen and natural gas), and $50 for plug-in hybrid vehicles, with fees deposited to the special highway fuel tax account.

Increases motor fuel tax from 8 cents to 16 cents per gallon for most fuel and from 5 cents to 10 cents per gallon for watercraft fuel; increases refined fuel surcharge from $0.0095 to $0.015 per gallon.

Increases motor fuel tax refund for internal combustion engines from 6 cents to 12 cents per gallon; maintains 5-cent per gallon refund for commercial fishing watercraft.

Takes effect January 1, 2021.