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Minn. bill to tax cars for miles traveled dies

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SAINT PAUL, Minn. (June 2, 2014) — Legislation that would have established a pilot program to impose a vehicle mileage user fee died when the state legislature adjourned for the year.

According to the Specialty Equipment Market Association (SEMA), the legislation would have been administered by the Minnesota Department of Transportation. The bill “sought to penalize national efforts to create a more fuel-efficient vehicle fleet by taxing drivers based on vehicle mileage,” SEMA said, noting that “as gas tax revenues decrease due to hybrid and electric vehicle ownership, states are looking for new sources of funding for pet projects.”

More details on the bill are available by contacting SEMA’s Steve McDonald via email at stevem@sema.org.

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Are you paying attention to the ups-and-downs of the stock market?

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