By SEMA Washington, D.C., Staff
The Senate Budget and Taxation Committee will consider legislation authorizing a county or municipality to impose an annual surcharge for the registration of a motor vehicle.
Legislation authorizing a county or municipality to impose an annual surcharge for the registration of a motor vehicle will be considered by the Senate Budget and Taxation Committee, February 19, 2014. The measure provides for a surcharge up to $20 per year and requires that revenue from the surcharge be used for transportation development purposes. In addition, the bill makes no special exception for hobby cars, such as street rods and historic vehicles that constitute a small portion of the vehicle fleet, are infrequently operated and deserving of lower taxes and fees.