The aim of the new law is to recoup some of the tax money the state has lost through EV owners not purchasing pricey gasoline.
For example, since a Tesla doesn’t run on gas, its owner won’t pay the typical taxes that the owner of a gas-fueled car does when stopping at the pump.
Texas uses these fees for road and highway repairs and sometimes for school improvement.
The state already has over 200,000 EVs on the road, with more than 30,000 EVs added this year, meaning the bill will garner around $38 million per year for the state’s highway repair fund, according to The Dallas Morning News.