HB 7123 Summary

• Increases the Florida Real Time Vehicle Information System fee from $0.50 to $1.25 per license registration, with 75 cents directed to the Highway Safety Operating Trust Fund and 50 cents for system equipment and maintenance.

• Raises the registration service charge from $2.50 to $5 for original issuance, duplicate issuance, or transfer of license plates and related documents, with $2.50 deposited to the General Revenue Fund.

• Increases validation sticker fees from $1 to $3 for automated vending facilities and printer dispensers, with $1 retained for vending equipment and $2 deposited to the General Revenue Fund.

• Modifies license plate replacement fees and surcharges: establishes a $28 replacement fee paid at $2.80 annually and reduces the surcharge from $2 to $1.20 on September 1, 2014, to negate a prior 80-cent increase from 2009-71.

• Increases various motor vehicle license tax rates for motorcycles, mopeds, automobiles, and trucks, with specified portions deposited to the General Revenue Fund and Highway Safety Operating Trust Fund.

• Takes effect September 1, 2014, with no refund rights for taxes collected before that date.