HB19-1138
Vehicle Transfer Registration Fee Credit
Concerning the credit an owner of a vehicle may receive for fees paid to register a motor vehicle when the vehicle is sold before the registration expires, and, in connection therewith, making an appropriation.
Session:
2019 Regular Session
Subject:
Bill Summary
Transportation & Motor Vehicles
Registration - fees and surcharges - appropriation. The act requires the department of revenue to give prorated credit for registration fees and surcharges on a vehicle that is sold before the vehicle's registration year ends. The credit is applied to vehicles subsequently registered.
To implement the act, $7,200 is appropriated to the department of revenue from the Colorado DRIVES vehicle services account in the highway users tax fund.
(Note: This summary applies to this bill as enacted.)