New law signed by Texas Governor Greg Abbott last week also says electric vehicle owners must pay $400 to register a new EV.
Texas Governor Greg Abbott signed a new tax into law that will see electric vehicle owners pay $400 to register a new EV and $200 a year to renew registration.
Texas Senate Bill 505 was passed by the state's Senate at the end of March, followed by the House in late April, andGoing into effect September 1, the new electric vehicle tax is dedicated to the state highway fund, as is the 20-cent per gallon gas tax paid by owners of hybrids and gas-fueled vehicles. Mind you, some gas tax revenue is diverted to schools as well., has nearly 200,000 electric vehicles registered in the state, and the number is growing faster every year.
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