Minnesota SF3853 modifies surcharges for all-electric and plug-in hybrid electric vehicles.

Minnesota SF3853 modifies vehicle surcharges for all-electric and plug-in hybrid electric vehicles. It imposes a surcharge of $100 for all-electric vehicles and $50 for plug-in hybrid electric vehicles, in addition to existing taxes. The surcharge for all-electric vehicles is calculated based on the greater of a minimum amount or a percentage of the manufacturer's suggested retail price. For plug-in hybrid electric vehicles, the surcharge is a flat fee. The surcharges apply to taxes payable for registration periods starting on or after January 1, 2027.

Minnesota SF3853 modifies surcharges for all-electric and plug-in hybrid electric vehicles.

Minnesota SF3853 modifies vehicle surcharges for all-electric and plug-in hybrid electric vehicles. It imposes a surcharge of $100 for all-electric vehicles and $50 for plug-in hybrid electric vehicles, in addition to existing taxes. The surcharge for all-electric vehicles is calculated based on the greater of a minimum amount or a percentage of the manufacturer's suggested retail price. For plug-in hybrid electric vehicles, the surcharge is a flat fee. The surcharges apply to taxes payable for registration periods starting on or after January 1, 2027.