MS HB303

Exempts low speed electric vehicles from Mississippi's $150 annual electric vehicle tax that is imposed in addition to standard vehicle taxes

Defines "low speed vehicle" as one meeting federal requirements under 49 CFR 571.500, with a manufacturer's certificate of origin identifying it as such and a low speed vehicle-specific VIN

The existing $150 annual EV tax adjusts each July 1 based on the Consumer Price Index inflation rate, with amounts of 50 cents or more rounded to the next whole dollar

Tax proceeds continue to be distributed to road, street, and bridge repair and maintenance in the same proportion as gasoline and diesel fuel taxes

Effective date: July 1, 2023