MS HB231

Amends Mississippi Code Section 27-19-21 to exempt low-speed vehicles from the $150 annual tax imposed on electric vehicles.

Defines "low speed vehicle" as a vehicle meeting federal requirements under 49 CFR 571.500 with manufacturer's certificate of origin clearly identifying it as such and a low-speed vehicle-specific vehicle identification number (VIN).

Annual electric vehicle tax remains $150 for other electric vehicles, paid to county tax collector at the same time as the annual highway privilege tax.

Tax amount adjusts annually beginning July 1, 2021 by the U.S. inflation rate (Consumer Price Index), with amounts of 50 cents or greater rounded up to the next dollar.

Tax proceeds remitted to Department of Revenue and apportioned for road, street, and bridge repair and maintenance in the same proportion as gasoline and diesel fuel taxes; effective October 1, 2020.