Loading chat...
AL SB351
Bill
Status
5/24/2023
Primary Sponsor
Linda Coleman-Madison
Click for details
AI Summary
SB351 Summary
-
Imposes annual license tax and registration fees of $200 on battery electric vehicles and $100 on plug-in hybrid electric vehicles, effective July 1, 2023, with $3 increases every four years thereafter.
-
Allows fees to be reduced by the amount of any future federal surcharges placed on these vehicle types, with minimum fees of $150 for battery electric vehicles and $75 for plug-in hybrids.
-
Establishes the Electric Transportation Infrastructure Grant Program within the State Department of Transportation to fund electric vehicle charging infrastructure through the Rebuild Alabama Fund until battery and plug-in hybrid registrations exceed 4% of total state motor vehicle registrations.
-
Imposes an additional $5 annual license tax on all motor vehicles beginning January 1, 2024, with proceeds deposited into the Alabama Public Transportation Trust Fund and administered by the Alabama Department of Economic and Community Affairs to increase public transportation options statewide.
-
Becomes effective the first day of the third month following passage and approval by the Governor.
Legislative Description
To amend Section 40-12-242, Code of Alabama 1975, relating to license taxes and registration fees; to levy an additional license tax and registration fee on motor vehicles as defined in Section 40-12-240, Code of Alabama 1975; and to provide for the distribution of the proceeds to the Alabama Public Transportation Trust Fund.
Last Action
Introduced and Referred to Senate Finance and Taxation General Fund
5/24/2023