HB 501 Summary

• Beginning July 1, 2024, electric vehicles must pay a state mileage-based road usage fee instead of the current $50 annual registration surcharge, calculated by multiplying a per-mile rate by miles traveled (determined from odometer readings on inspection certificates) minus estimated paid state motor fuel taxes.

• Vehicle inspection certificates must now include the odometer reading at the time of inspection, and vehicle registration applications must clarify that "type of fuel" includes battery or electricity.

• The Department of Transportation must develop a long-term implementation plan by 2026 for expanding the mileage-based road usage fee program to all passenger vehicles and light duty trucks by 2033.

• The Department of Transportation must seek federal funding for the program under the Infrastructure Investment and Jobs Act or the Fixing America's Surface Transportation Act.

• Appropriates $5,000,000 from American Rescue Plan Act funds for fiscal year 2023-2024 to implement the state mileage-based road user fee program.