States have collected money to maintain roads from gas taxes for quite some time. As more drivers turn to fuel efficient options like hybrid or electric cars, however, the revenue coming in from these fees is dropping. To help prevent funds from running dry, New Jersey is looking into the possibility of taxing electric vehicle owners on the miles they drive.
James Whelan, a state senator from Atlantic City, N.J., is sponsoring the bill. If enacted, owners of electric vehicles would be charged 0.00839 cents per mile driven, AutoBlog reports. The average electric car notches about 12,000 miles a year, which would bring the annual tax to around $100. However, gas-powered cars currently face a state tax of 14.5 cents per gallon, and if those automobiles also drive 12,000, the cost for taxes is only around $69.
While this may irk electric vehicle owners, the proposition is more affordable than similar taxes in other states, many of which are considering flat fees and mileage taxes. Of course, it also means drivers would have more paperwork to deal with, as they would have to track and report mileage of their cars, face audits and even pay fines if calculations turn out to be incorrect.
"Currently in New Jersey, alternate-fueled and electric vehicles don't pay a gas tax," Whelan told USA Today. "For 98 percent of the drivers with gas-powered cars, they pay a 14.5 cent-per-gallon tax to support the upkeep of roads. The guy driving an electric car doesn't pay anything."
If you're searching for any type of vehicle with great fuel economy, you'll want to make your way to New Jersey State Auto Auction. With a wide selection of CARFAX certified cars, trucks and vans, drivers can easily find the right automobile at the right price.