By SEMA Washington, D.C., Staff
Legislation to impose a vehicle miles traveled (VMT) tax on motor vehicles that travel 5,000 or more miles per year has been introduced in Texas. |
Legislation to impose a vehicle miles traveled (VMT) tax on motor vehicles that travel 5,000 or more miles per year has been introduced. The tax would be calculated by charging $.01 per mile driven during the inspection period minus the estimated fuel taxes paid by the vehicle’s owner. The actual VMT would be measured using an annual odometer inspection. The bill will be considered by the Texas House Ways and Means Committee.
For more information, visit the SEMA Action Network (SAN) website. For details, contact Steve McDonald at stevem@sema.org.