The Future of Fuel Tax Revenues for States with Electric Vehicles
Author: John Hylle.; Denvil Duncan.; David Klinges.; Angela Fogle.
Source: Volume 43, Number 03, Fall 2022 , pp.103-126(24)
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Abstract:
Panelists discuss how states will cope with the eventual reduction in fuel taxes with the development of electric vehicles. Some states are already deep in the process of developing replacement revenue streams such as mileage-based taxes or increased vehicle licenses.Keywords: Fuel tax revenues, vehicle mileage tax (VMT), electric vehicles, transportation funding, fuel-backed bonds
Affiliations:
1: Federated Mutual Insurance; 2: Indiana University; 3: Piper Sandler; 4: U.S. Department of Transportation.