SB 17-176 Summary

• Authorizes use of money from the Colorado state titling and registration account to purchase and issue license plates, decals, and validating tabs for motor vehicle registration.

• Amends Colorado Revised Statutes section 42-1-211 to clarify that funds from the titling and registration account can be used for license plate ordering and issuance services.

• Appropriates $2,435,572 to the Department of Revenue for the 2016-17 fiscal year, consisting of $202,327 from the general fund, $2,043,976 from the Colorado state titling and registration account, and $189,269 from the license plate cash fund.

• Appropriates $2,435,572 to the Department of Corrections for the 2016-17 fiscal year to reimburse Colorado Correctional Industries for providing license plate ordering services to the Department of Revenue.

• Declares the act necessary for immediate preservation of the public peace, health, and safety.