Fiscal Note

HB0054 - Amendments to Vehicle Registration Requirements

State Impact:
Enactment of this bill will neither increase nor decrease revenue associated with vehicle registration. The bill codifies current practice. In calendar year 2008, there were 2,300 of these types of transactions and $147,000 in sales tax collected.

Individual, Business and/or Local Impact:
Enactment of this bill likely will not result in direct, measurable costs and/or benefits for local governments. Individuals and businesses will continue to be subject to sales tax requirements when registering or transferring ownership of a vehicle.