Massachusetts H3398 proposes a fee on certain high-priced vehicles to fund the transition to electric vehicles.

Massachusetts H3398 introduces a fee on the registration of eligible vehicles, defined as passenger vehicles with a final sales price of $60,000 or more, excluding plug-in hybrids and battery electric vehicles. The fee, set by the registrar in consultation with the Department of Energy Resources, aims to promote equity and avoid burdening low-income residents. The fee cannot exceed $3,500 for purchased vehicles and $3,500 total for leased vehicles. Revenue from these fees will be deposited into the Electric Vehicle Adoption Incentive Trust Fund.

Massachusetts H3398 proposes a fee on certain high-priced vehicles to fund the transition to electric vehicles.

Massachusetts H3398 introduces a fee on the registration of eligible vehicles, defined as passenger vehicles with a final sales price of $60,000 or more, excluding plug-in hybrids and battery electric vehicles. The fee, set by the registrar in consultation with the Department of Energy Resources, aims to promote equity and avoid burdening low-income residents. The fee cannot exceed $3,500 for purchased vehicles and $3,500 total for leased vehicles. Revenue from these fees will be deposited into the Electric Vehicle Adoption Incentive Trust Fund.