Transportation Access and Revenue Act

HB 846, the Transportation Access and Revenue Act, requires businesses providing short-term vehicle rentals and peer-to-peer car sharing to collect sales tax on these services. It directs 45% of the tax revenue from these services to the Transportation Trust Fund (for roads and transit projects) and the remainder to a coastal conservation fund. The bill also mandates that sales tax revenue from electricity used to charge electric vehicles at public charging stations (not under residential rates) be allocated to the Transportation Trust Fund. This changes how certain transportation-related tax revenue is distributed, affecting car-sharing companies, rental businesses, and electric vehicle charging providers.