2018 Report on the Impact of Electric Vehicles to the Road Use Tax Fund
The Iowa Department of Transportation has released a report that predicts electric vehicle growth in Iowa and the predicted impact on the state Road Use Tax Fund (RUTF) that would occur, since these vehicles do not pay a state fuel tax. This report assesses potential funding mechanisms to develop recommendations that account for the impact of electric vehicles in Iowa. The goal of these recommendations is to provide equity, produce low administrative costs, and result in no net change in RUTF revenue.
This Summary Last Modified On: 1/4/2019