Introduced
by
To increase the annual vehicle registration (license plate) tax by approximately 60 percent on most cars, and 20 percent for trucks and other vehicles. Municipal plates would increase from $5 to $10, and nonprofit plates would cost $10. The trailer registration tax would go up by 20 percent, and trailer plates would expire after three years. The bill would replace the current regime of 10 percent annual reductions in the vehicle list-price based registration tax rate in the first three years with a single 50 percent reduction in year 10. The bill would also base registration taxes for “hybrid” and “alternative fuel” vehicles on a formula that includes the average miles driven, the miles per gallon equivalent and current fuel tax rates.
Referred to the Committee on Transportation and Infrastructure
