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MS SB2890
Bill
AI Summary
- Modifies the definition of "hybrid vehicle" under Mississippi Code Section 27-19-23 to require that vehicles must be able to be charged by plugging into an external source in addition to utilizing more than one form of onboard energy for propulsion
- Maintains the existing annual tax of $75.00 on hybrid vehicles, paid to the county tax collector alongside the highway privilege tax
- Requires annual tax adjustments beginning July 1, 2021, based on the Consumer Price Index inflation rate for the previous calendar year, with amounts of 50 cents or greater rounded to the next highest dollar
- Directs tax proceeds to be remitted to the Department of Revenue and apportioned for road, street, and bridge repair and maintenance in the same proportion as gasoline and diesel fuel taxes
- Takes effect July 1, 2024
Legislative Description
Hybrid vehicle tax; add ability to be charged from external source to definition of "hybrid vehicle" for purposes of.
Last Action
Died In Committee
3/27/2024
Committee Referrals
Finance2/19/2024
Full Bill Text
No bill text available