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Ahh, that time of year when the Legislature pools their creative talents to stick it to Salt Lake City, women and environmentalists. This year’s assault on the greens includes a proposed tax on electric vehicles. To quote the sponsor, Sen. Wayne Harper, we are “just trying to create parity here with the funds that everybody pays so everybody can pay for the same impact that they have on the roads of the state of Utah.”
<a href="https://le.utah.gov/~2021/bills/static/HB0209.html">HB209</a> would impose a higher annual registration cost for electric vehicles in Utah. This disincentivizes the owning of EVs in Utah.
Though it s been floated as an idea for the 2021 session, legislative leaders aren t promising an across-the-board income tax rate cut this year, but they are aligned on reducing taxes in other ways.