An Act funding the transition to electric vehicles

This Massachusetts bill creates a new fee for the registration of expensive, non-electric passenger vehicles to generate funding for electric vehicle adoption. It specifically targets new cars that are not plug-in hybrids or battery electric vehicles and cost $60,000 or more, while exempting lease renewals and existing vehicle registrations. The law requires the registrar to set a fee formula based on the vehicle's price, weight, and other factors to ensure low-income residents are not unduly burdened, with a maximum cap of $3,500 for purchased cars and $100 per month for leases. All collected fees are directed into an existing trust fund designed to support the transition to electric vehicles.