MI HB6042

Modifies vehicle registration tax calculations under Michigan Vehicle Code Section 801, with changes effective January 1, 2017 for most vehicle categories.

Changes the registration tax structure for trucks and commercial vehicles by increasing base tax rates starting January 1, 2017, with updated fee schedules based on elected gross weights.

Adjusts passenger vehicle registration taxes beginning January 1, 2017, increasing from $5.00 per $1,000 increment above $30,000 list price to $6.00 per increment, and revises all base tax brackets.

Extends registration tax reduction schedules for vehicles through tenth and subsequent registrations, with successive percentages applied (90% for registrations 2-6, 85% for 7-9, 80% for 10+).

Adds electric and hybrid vehicle registration fee surcharges effective January 1, 2017 ($30-$100 for hybrid vehicles, $100-$200 for all-electric vehicles), with additional increases if gasoline tax exceeds 19 cents per gallon.