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FL S2530
Bill
AI Summary
- Amends section 319.32, Florida Statutes, governing the disposition of motor vehicle title fee collections
- Maintains the existing $200 million annual cap on deposits from title fees ($47 per title) into the State Transportation Trust Fund
- Requires the first $30 million in title fee collections exceeding the $200 million cap to be deposited into the Highway Safety Operating Trust Fund
- Directs any remaining excess collections beyond the $30 million Highway Safety allocation to be paid into the General Revenue Fund
- Effective date of July 1, 2022
Legislative Description
Motor Vehicle Title Fees
Last Action
Chapter No. 2022-155
6/3/2022
Full Bill Text
No bill text available