FL S0654

Reduces the portion of annual motor vehicle license tax fees that must be deposited into Florida's General Revenue Fund, effective immediately, by cutting the deposit amounts in half for most vehicle categories (motorcycles, trucks, trailers, recreational vehicles, and dealer plates).

Changes the statutory reference for motorized bicycles from section 316.003(2) to section 316.003(3).

Effective July 1, 2020, completely eliminates the requirement that any General Revenue Fund deposits be made from license tax fees for motorcycles, heavy trucks, truck tractors, semitrailers, school buses, wreckers, trailers, recreational vehicles, and dealer/transporter license plates.

Keeps mobile home registration fees unchanged and does not modify exemptions for farm vehicles, agricultural trucks, or forestry product haulers.

Takes effect July 1, 2019, with the subsequent elimination of General Revenue Fund deposits scheduled for July 1, 2020.