The proposed bill, known as the EV Energy Equity Road Repair Tax Act (EVEERRT Act), establishes a road repair tax on electricity distributed at public charging stations for electric vehicles. This tax is set at $0.09 per kilowatt-hour, regardless of whether the electricity is provided for free or at a cost. The owners of public charging stations are responsible for collecting and remitting this tax to the director of taxation, who will then deposit the funds into the state highway fund. The bill also outlines the definitions of key terms such as "electric vehicle," "kilowatt-hour," and "public charging station," and it mandates that the secretary of revenue create rules for licensing and reporting by these charging stations.

Additionally, the bill incorporates provisions from existing law regarding the liability of owners for the collection or payment of motor vehicle taxes, ensuring consistency in tax administration. It requires public charging station owners to maintain records for three years and allows for penalties, including fines and potential imprisonment, for failure to comply with tax remittance requirements. The act will take effect upon publication in the statute book.