Iowa DOT proposes extra charges for electric vehicles
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Published
1/9/2019
State officials say the growing electric vehicle market could divert hundreds of thousands of dollars from Iowa’s main fund for road and bridge repairs.
Following a Dec. 31 report by the Iowa Department of Transportation that shows a $317,000 reduction in the Road Use Tax Fund in 2018, state officials have made recommendations to the Iowa Legislature such as increasing fees or charging taxes to electric vehicle owners.
“The impact today is relatively minor ... but that ramps up pretty quickly, particularly if you look at the high scenario, where in six years the impact will be a little over $11 million and growing significantly beyond that. We do feel the high scenario is not an unlikely scenario,” said Stuart Anderson, director of the Planning, Programming and Modal division of the Iowa Department of Transportation.
Read the full article on the Cedar Rapids Gazette website.
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