article thumbnail

11 states assessing fees on EV owners in lieu of traditional fuel taxes

Green Car Congress

Eleven states currently assess fees on electric vehicle owners in lieu of traditional fuel taxes, according to the US Department of Energy’s Office of Energy Efficiency and Renewable Energy (EERE). Highway maintenance has traditionally been funded from a combination of Federal and state taxes collected at the fuel pump.

Fuel Tax 150
article thumbnail

National Academies report finds US interstate highways need major overhaul; calls for 20-year blueprint for action

Green Car Congress

Estimated spending needs for Interstate highway renewal and modernization over the next 20 years. All dollar figures are converted 2016 values. The most recent complete data on Interstate Highway spending is for 2014. National Academy of Sciences. These aging interstates are highly congested oftentimes and in need of reconstruction.

Congress 246
article thumbnail

Sen. Baucus draft for energy tax reform focuses on clean production of electricity and fuels; repeals plug-in vehicle credits

Green Car Congress

It also would repeal a number of current tax incentives, including those for plug-in electric vehicles and fuel cell vehicles. The maximum investment tax credit is 20% of the cost of the investment. Generally the investment tax credit cannot be claimed for facilities that begin to operate before January 1, 2017.

Tax 281