Bill > SB295

This bill amends Section 40-12-242 of the Code of Alabama 1975 to impose additional annual license taxes and registration fees on battery electric vehicles ($200) and plug-in hybrid electric vehicles ($100), with the fees increasing by $3 every 4 years. The bill also creates the Electric Transportation Infrastructure Grant Program within the State Department of Transportation to fund electric vehicle charging infrastructure. Additionally, effective October 1, 2024, the bill imposes a $5 annual license tax and registration fee, with the proceeds deposited into the Alabama Public Transportation Trust Fund to increase public transportation options across the state.