Texas Sales Tax On Electric Vehicles. Governor greg abbott signed a new law on may 13 that levies an annual tax on electric. The texas legislature has noticed.
As the national conference of state legislatures reports, at least 32 states require special registration fees for electric vehicles. Both the gas tax and electric vehicle tax are dedicated to the state highway fund, though some gas tax revenue is diverted to schools as well.
Renewing Registration Will Cost $200.
The number of alternatively fueled vehicles in the state — including electric vehicles and all types of hybrids —.
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Texas agencies estimated in a 2020 report that the state lost an average of $200 per year in federal and state gasoline tax dollars when an electric vehicle.
Texas Has More Than 195,000 Electric.
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30 By University Of Houston And Texas.
Both the gas tax and electric vehicle tax are dedicated to the state highway fund, though some gas tax revenue is diverted to schools as well.
Electric Vehicle Drivers In Texas Have Started To Get Some Bad News In The Mail.
The new bill, senate bill 505, requires $400 to register an electric vehicle along.