This bill amends existing transportation laws in Minnesota to modify surcharges related to electric vehicles. Specifically, it increases the surcharge for all-electric vehicles from $75 to $100 and introduces a new $25 surcharge for plug-in hybrid electric vehicles. Additionally, the bill establishes a mechanism for adjusting these surcharges every three years based on changes to the gasoline excise tax, ensuring that the surcharges reflect current tax rates. The revenue generated from these surcharges will be directed to the transportation impact assessment and mitigation account.
Furthermore, the bill introduces provisions for account transfers from the transportation impact assessment and mitigation account to the highway user tax distribution fund if the account balance exceeds 50% of the total deposited during the previous fiscal year. This transfer will occur annually starting July 1, 2027, and is designed to ensure that excess funds are utilized effectively. The bill also emphasizes the prioritization of expenditures from the account for projects aimed at reducing traffic fatalities and severe injuries. The effective date for these changes is set for August 1, 2025, following final enactment.
Statutes affected: Introduction: 161.178, 168.013