The bill introduces amendments to the General Laws, specifically adding a new section 31-3-33.1, which allows for the renewal of registration for leased vehicles with a lease period of 36 months and registered in two-year cycles to be renewed for an additional year to match the lease's expiration. The fees for this renewal will be adjusted accordingly. It also amends Section 31-6-1, detailing specific registration fees for various types of motor vehicles, trailers, and buses based on their gross weight and registration duration, with fees ranging from $30 to over $972 plus additional charges based on weight.

Furthermore, the bill sets fees for a range of services, including replacing number plates, registering different types of vehicles, issuing trip and hunter's permits, and the issuance of reflective plates, with a fee waiver for new plates with the 2022 design for vehicles with existing registration. It also allows for a refund of the registration fee for vehicles under a conditional sale or lease agreement with a right of purchase if the registration is voluntarily canceled within the registration period. The act would take effect immediately upon passage and authorizes the division of motor vehicles to issue one-year renewal registrations for certain leased vehicles.

Statutes affected:
5815: 31-6-1