Electric vehicle infrastructure

From the 2024 DOR Tax Exemption Study

82.29A.125 - Electric vehicle infrastructure Description All leasehold interests in public lands are exempt from state and local leasehold excise taxes if the purpose of the leasehold interest is to install, maintain, and operate electric vehicle infrastructure, which includes battery charging stations, rapid charging stations, battery exchange stations, fueling stations that provide hydrogen for fuel cell electric vehicles, green electrolytic hydrogen production facilities, and renewable hydrogen production facilities. This exemption expires on July 1, 2025. Purpose To encourage the installation of electric and hydrogen vehicle infrastructure. Taxpayer ($ in millions): savings FY 2024 FY 2025 FY 2026 FY 2027 State Taxes $0.000 $0.000 $0.000 $0.000 Local Taxes $0.000 $0.000 $0.000 $0.000 Repeal of Repealing this exemption would not increase revenues. exemption Potential ($ in millions): revenue gains FY 2024 FY 2025 FY 2026 FY 2027 from full repeal State Taxes $0.000 $0.000 $0.000 $0.000 Local Taxes $0.000 $0.000 $0.000 $0.000 Assumptions - Based on research, the annual rent for electric vehicle charging stations would be less than $250 per year. Leasehold interests with a taxable