The proposed bill would amend current statutes regarding the Arizona Centennial Special Plate by lowering the registration and renewal fee from $25 to $20 for vehicles registered in a fleet. Specifically, it introduces a new provision stating that for commercial vehicles in a fleet, the fee will be $20, with $8 designated as a special plate administration fee and $12 as an annual donation. This change is aimed at providing a financial incentive for fleet owners to utilize the Arizona Centennial Special Plate.
Additionally, the bill makes several technical adjustments, including updating the language related to the fee structure and ensuring that the total fee is clearly defined. It maintains the existing framework for the Arizona Centennial Special Plate Fund, which continues to receive funds from the special plate fees, while also ensuring that the first $32,000 in the fund is reimbursed to the state highway fund. Overall, the bill seeks to enhance the accessibility of the special plate for fleet vehicles while ensuring proper fund administration.
Statutes affected: Introduced Version: 28-2448
House Engrossed Version: 28-2448