The bill amends the Michigan Vehicle Code, specifically updating Section 801 regarding registration taxes for various vehicle types. It introduces a new tax structure based on the empty weight of vehicles, with specific rates for different weight categories, such as $29.00 for vehicles weighing between 0 to 3,000 pounds and $0.90 per 100 pounds for those over 10,000 pounds. Additionally, vehicles modified for wheelchair access will benefit from a reduced tax rate of 50%. The bill also clarifies that registration plates for trailers will only expire when new plates are issued, aiming to streamline the tax assessment process while maintaining exemptions for certain vehicles used in farming or nonprofit operations.
Moreover, starting February 19, 2019, the bill allocates a $5.00 fee from each motorcycle registration to the motorcycle safety fund for education programs. It establishes a new tax structure based on the list price of motor vehicles, with taxes ranging from $36 for vehicles priced between $0 and $6,000 to incremental increases for those over $30,000. The bill also introduces increased registration fees for electric and hybrid vehicles, with a $100 increase for electric vehicles and a $75 increase for hybrids, along with new regulatory fees. These amendments aim to enhance funding for safety programs and adjust vehicle taxes to better reflect current market conditions.
Statutes affected: House Introduced Bill: 257.801