MI HB4634

Increases vehicle registration taxes effective January 1, 2017, with higher rates for new vehicles based on list price, ranging from $36.00 (vehicles $0-$6,000) to higher increments for vehicles over $30,000.

Increases commercial truck registration taxes based on gross weight effective January 1, 2017, with rates ranging from $590.00 (0-24,000 pounds) to $3,741.00 (over 160,000 pounds).

Adds $30.00-$100.00 registration fee increase for hybrid electric vehicles and $100.00-$200.00 for nonhybrid electric vehicles beginning January 1, 2017, with additional increases tied to gasoline tax rates above 19 cents per gallon.

Waives $10.00 late renewal fee if registrant presents proof of storage insurance valid during the lapse period and requests waiver in person at a Department of State branch office.

Adds temporary regulatory fee of $2.25 and administration collection fee of $5.75 to specified vehicle registrations until October 1, 2019.