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CO HB1388
Bill
Status
6/8/2022
Primary Sponsor
Alex Valdez
Click for details
AI Summary
HB 22-1388 Summary
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Defines "inoperable vehicle" as one that is not roadworthy and allows owners to pay annual specific ownership tax while storing the vehicle on private property for maintenance, repair, restoration, rebuilding, or renovation.
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Expands license plate non-transfer rules to Class B, D, and F personal property vehicles upon title transfer, with exceptions for personalized, distinctive special, group special, and special alumni license plates.
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Establishes a special "One Hundred Fiftieth Anniversary of Statehood" license plate program available August 1, 2023 through August 1, 2027, with same taxes and fees as regular plates.
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Modifies vehicle registration and titling procedures, including changing weight thresholds from 10,000 to 16,000 pounds for noncommercial or recreational vehicles, and updates documentation requirements for mortgage filings and certificates of title.
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Appropriates $318,840 for fiscal year 2022-23 to the Department of Revenue for DRIVES system maintenance, IT services, and license plate ordering; effective January 1, 2023.
Legislative Description
Vehicle Registration And Certificate Of Title
Last Action
Governor Signed
6/8/2022