Georgia this year overhauled transportation funding by passing HB 107, that will:
- phase out the State’s 4% sales and use tax on motor fuel
- raises the excise tax to $0.26 cents per gallon on gasoline and $0.29 per gallon on diesel, dedicated to transportation funding
- creates an up to $100 fee on heavy trucks
- eliminates the $5,000 state income tax credit for buying an electric vehicle
- total-electric car owners will now pay a $200 annual fee ($300 for commercial vehicles)
- adds an…