Earlier this year, Senator Deb Fischer (R-Neb.) reintroduced legislation to support nationwide infrastructure investments and promote fairness among drivers by ensuring that electric vehicles pay into the Highway Trust Fund (HTF) to support the construction and maintenance of American roads and bridges.
The Fair Sharing of Highways and Roads for Electric Vehicles (Fair SHARE) Act would impose a one-time fee at the point of manufacturer sale for EV batteries, accounting for an estimated ten years of vehicle use.
As Congress works through the budget reconciliation process to extend expiring tax cuts, lawmakers are exploring ways to ensure EVs contribute to the HTF. The Fair SHARE Act is one option under consideration, but other proposals include an annual fee designed to match what the average non-EV driver pays in gas taxes each year.
AGC supports legislation that ensures EVs contribute to HTF. To that end, AGC recently signed on to a letter urging Congress to pass a fee on electric vehicles comparable to what gas and diesel vehicles pay, with revenues dedicated solely to the HTF.
For more information, please contact Deniz Mustafa.