TRANSPORTATION FEE EXTENSION                                                                                                                             S.B. 1203:

                                                                                                                                                                                                      SUMMARY OF BILL

                                                                                                                                                                        REPORTED FROM COMMITTEE

Senate Bill 1203 (as reported without amendment)

Sponsor:   Senator Curtis Hertel

Committee:   Appropriations

CONTENT

This bill would amend the Limousine, Taxicab, and Transportation Network Company Act to extend a sunset date, from March 21, 2023, to September 30, 2027. The extension would maintain the variable renewal fees established under Public Act 345 of 2016, which eliminated the flat $50 fee that existed previously. The variable fees increase according to the number of vehicles being registered by an applicant according to the schedule below.

MCL 257.2104

FISCAL IMPACT

This bill would have a positive fiscal impact on the Department of Licensing and Regulatory Affairs. Extending the sunset for these fees is expected to result in a $281,400 increase in revenue for the Department. If the bill were not enacted, the fee would revert to the $50 flat rate, and the Department would not see this increased revenue.

Date Completed:   11-29-22                                                                                                   Fiscal Analyst:   Jonah Houtz

This analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent.