The bill amends Section 31-6-1 of the General Laws in Chapter 31-6, which pertains to registration fees for motor vehicles. It introduces provisions that specify the registration fees to be paid to the division of motor vehicles. A key addition to the bill is the provision that allows motor vehicle registrants who voluntarily cancel their registration to receive a credit for the time remaining on their original registration. This credit is equal to the portion of the paid registration fee that covers the remaining time and can be applied to future registration fees incurred by the registrant. The bill is set to take effect upon passage.

Statutes affected:
5769: 31-6-1