Under current law:
- An additional vehicle-age-based motor vehicle registration fee is imposed at the time of registration on passenger cars and certain other types of motor vehicles that are required to be registered; and
- A road safety surcharge is imposed at the time of registration, subject to limited exceptions, on each vehicle that is required to be registered.
For registration periods commencing on or after July 1, 2018, the bill exempts any vehicle that is 30 years old or older from both the road safety surcharge and the additional vehicle-age-based motor vehicle registration fee.
(Note: This summary applies to this bill as introduced.)