Plain English Breakdown
The official source material does not provide specific details on the definition of 'multipurpose vehicle' beyond referencing W.S. 31-1-101(a)(xv)(M).
Electric Vehicle Fee Updates
This law changes how electric vehicle fees are charged, making sure motorcycles and multipurpose vehicles don't have to pay an annual fee for being electric.
What This Bill Does
- Amends the definition of a 'plug-in electric vehicle' in tax laws to exempt motorcycles and multipurpose vehicles from paying an annual decal or fee.
- Makes these changes effective starting July 1, 2021.
Who It Names or Affects
- Motorcycle owners who use electric motorcycles.
- Owners of multipurpose vehicles that run on electricity.
Terms To Know
- Plug-in electric vehicle
- A motor vehicle that can be recharged from an external source and uses this stored energy to drive or contribute to driving the wheels, excluding hybrid electric vehicles, motorcycles, and multipurpose vehicles.
- Multipurpose vehicle
- Defined in W.S. 31-1-101(a)(xv)(M), a type of vehicle designed for various purposes.
Limits and Unknowns
- The law only affects vehicles that are considered 'plug-in electric' under the new definition.
- It does not change other taxes or fees these vehicles might have to pay.
- This act applies specifically in Wyoming starting July 1, 2021.