Relative to road toll registration surcharges for electric vehicles.
Impact
If enacted, SB191 will amend RSA 261 to establish a specific fee structure for electric vehicles aimed at fiscal sustainability for New Hampshire's transport system. The bill mandates that up to 20% of the collected surcharge may be allocated for the construction of EV service stations, fostering the growth of electric vehicle infrastructure statewide. The expected revenues from the new surcharge could reach approximately $800,000 per year starting in FY 2025, providing critical funds to mitigate the revenue losses from the shift to electric vehicle usage. Additionally, local municipalities are likely to benefit from increased revenue streams associated with these initiatives.
Summary
Senate Bill 191 (SB191) proposes a new annual registration surcharge of $100 for electric vehicles (EVs) and plug-in hybrid vehicles in New Hampshire. The aim of this bill is to offset the anticipated decline in road toll revenues resulting from the increasing adoption of electric vehicles, which do not contribute to fuel tax revenues that traditionally fund highway maintenance and improvements. SB191 emphasizes the dual purpose of capturing necessary funds while also supporting the development of electric vehicle service equipment (EVSE) across state transportation corridors, enhancing the infrastructure for EV users and promoting sustainable transportation options.
Sentiment
The sentiment regarding SB191 appears to be mixed, reflecting a balance of support and concern among stakeholders. Proponents of the bill argue that charging electric vehicle owners a fair share for road usage is necessary as their vehicles do not contribute to traditional road toll revenues. This measure could also facilitate the state's commitment to reducing air pollution and advancing clean energy usage. Conversely, critics may voice concerns regarding potential financial burdens this surcharge places on EV owners, and whether the funds will be effectively utilized in expanding EV infrastructure or merely go into general transportation funding.
Contention
Key points of contention surrounding SB191 center on the effectiveness and fairness of implementing a surcharge for electric vehicle registrations. Opponents highlight the disparity between traditional vehicle owners, who have historically contributed through fuel taxes, and electric vehicle users who may face added fees despite contributing to environmental benefits. Lawmakers and advocates may debate the appropriate allocation of the funds derived from this surcharge, questioning whether sufficient oversight mechanisms are in place to ensure that expenditures align with the intended use for promoting electric vehicles and the necessary infrastructure.
Relative to establishing an uncompensated health care fund to be administered by the department of insurance and assessed by a surcharge on commercial insurers, reinsurers, and trusts overseeing self-insured plans.