HB 5422 Summary

• Amends the Michigan Vehicle Code (MCL 257.801) to establish vehicle registration tax rates and collection procedures by the Secretary of State.

• Establishes tiered registration tax schedules for various vehicle types based on empty weight, list price, or gross weight, ranging from $29.00 for light vehicles to $3,117.00 for heavy commercial vehicles.

• Provides reduced tax rates for specific vehicle categories including farm equipment, wood harvesters, milk trucks, hearses, ambulances, government vehicles, nonprofit organizations, and motorcycles.

• Adds a $2.25 regulatory fee for highway safety and $5.75 transportation administration fee for most vehicles until October 1, 2015.

• Imposes a $10.00 late fee for vehicle registrations renewed after the expiration date, with waiver available if registrant provides proof of storage insurance and requests waiver in person.