MS SB2552

Modifies the definition of "hybrid vehicle" under Mississippi Code Section 27-19-23 to require the ability to be charged by plugging into an external source, in addition to utilizing more than one form of onboard energy for propulsion.

Maintains the annual hybrid vehicle tax of $75.00, paid to the county tax collector at the same time as the highway privilege tax.

Tax rate is adjusted annually beginning July 1, 2021, by the United States inflation rate (Consumer Price Index) from the previous calendar year, with amounts of 50 cents or greater rounded up to the next dollar.

Tax proceeds are remitted to the department and apportioned among purposes specified in Section 27-5-101 for gasoline and diesel fuel taxes in the same proportions, with funds used solely for repair and maintenance of roads, streets, and bridges.

Effective date is July 1, 2025.