CO SB049

Reduces the minimum number of special mobile machinery items required to obtain a registration exempt certificate from 1,000 to 250 items in the state.

Requires owners with registration exempt certificates to submit reports identifying all special mobile machinery in the state at times of application, renewal, and expiration, with payment due for all items identified in those reports.

Eliminates the requirement that owners pay fees for license plates, decals, validating tabs, and authorized agent fees, but requires payment of all other registration fees and surcharges directly to the department.

Changes the timing of fee payments from annually at the time of specific ownership tax filing to upon application, renewal, or expiration of the registration exempt certificate.

Appropriates $113,476 to the Department of Revenue's Division of Motor Vehicles for implementation, including $47,492 for personnel (0.8 FTE), $12,962 for operating expenses, and $53,022 for system maintenance.