New Jersey S2133 imposes an additional annual registration fee for electric vehicles, reduces highway fuel taxes, and mandates a study on alternative.
New Jersey S2133 introduces an additional annual registration fee for electric vehicles, setting it at $300 for passenger electric vehicles and $450 for commercial electric vehicles starting from July 1, 2025. The bill also reduces the tax rates on highway fuels, lowering the motor fuel tax on gasoline from 10.5 cents to 7 cents per gallon and on diesel from 13.5 cents to 9 cents per gallon.
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