(a) Notwithstanding Section 40-12-242(b)(1), effective January 1, 2022, the additional annual license tax and registration fee shall be fifty dollars ($50) for each electric low-speed vehicle registered and operated on the public highways of this state. The term electric low-speed vehicle as used in this section shall be defined in the same manner as in 49 C.F.R. § 571.3.
(b) The additional annual license tax and registration fee provided in this section shall be distributed pursuant to Section 40-12-242.1">40-12-242.1.
(c) The Department of Revenue may adopt rules for the implementation and administration of this section.