Fair SHARE Act of 2025 imposes a tax on electric vehicles and batteries to fund highway maintenance.
The Fair Sharing of Highways and Roads for Electric Vehicles Act of 2025, also known as the Fair SHARE Act of 2025, amends the Internal Revenue Code to establish a tax on the sale of electric vehicles and batteries. The tax on electric vehicles is set at $1,000 per vehicle, while the tax on battery modules weighing over 1,000 pounds is $550. These taxes apply to sales after December 31, 2025. The revenue generated from these taxes will be transferred to the Highway Trust Fund.
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