Minnesota SF3371 modifies electric vehicle surcharges, including a new $25 surcharge for plug-in hybrids and adjustments to all-electric vehicle.
Minnesota SF3371 amends electric vehicle surcharges by imposing a $25 surcharge for plug-in hybrid electric vehicles, in addition to existing taxes. It also modifies the surcharge for all-electric vehicles to $100, also in addition to existing taxes. The bill mandates that if the transportation impact assessment and mitigation account balance exceeds 50% of the total deposited in the previous fiscal year, a transfer to the highway user tax distribution fund must occur by November 1.
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