This bill allows the cancellation of vehicle registration and the refund of certain taxes and fees on a pro rata basis.
This bill:
- allows the owner of certain vehicles to cancel the registration of the vehicle;
- allows the owner of a vehicle that cancels the registration of the vehicle to receive a refund of the registration fees and uniform fees in lieu of ad valorem tax on a pro rata basis;
- provides an additional penalty for operating a vehicle for which the registration has been canceled by the vehicle owner;
- requires reporting on data related to refunds issued; and
- makes technical changes.
Recommended by: Transportation Interim Committee
Statutes affected: Introduced: 53-8-209, 59-2-405.1
Substitute #1: 53-8-209, 59-2-405.1, 63I-2-241