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MS SB2552

MS SB2552
Hybrid vehicle tax; add ability to be charged from external source to definition of "hybrid vehicle" for purposes of.


summary

Introduced
01/20/2025
In Committee
01/20/2025
Crossed Over
Passed
Dead
02/26/2025

Introduced Session

2025 Regular Session

Bill Summary

An Act To Amend Section 27-19-23, Mississippi Code Of 1972, To Modify The Definition Of "hybrid Vehicle," For Purposes Of The Hybrid Vehicle Tax, To Require The Ability To Be Charged By Plugging Into An External Source; And For Related Purposes.

AI Summary

This bill modifies the definition of a "hybrid vehicle" in Mississippi's tax code by adding a requirement that the vehicle must be capable of being charged by plugging into an external source. Currently, a hybrid vehicle is defined as a vehicle that uses more than one form of onboard energy for propulsion and is intended for use on public roads. The bill maintains the existing $75 annual tax on hybrid vehicles, which is paid to the county tax collector alongside other highway privilege taxes. The tax amount is subject to annual adjustments based on the United States inflation rate, calculated using the Consumer Price Index for urban consumers. The bill also slightly modifies language related to tax collection and apportionment, removing specific references to the "Department of Revenue" while maintaining the same procedural requirements for tax collection and fund distribution. The changes will take effect on July 1, 2025, and are primarily aimed at updating the definition of hybrid vehicles to reflect modern vehicle technologies that include plug-in charging capabilities.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Died In Committee (on 02/26/2025)

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