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MS SB2843
Bill
AI Summary
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Redirects portions of standard license tag fees from the State General Fund to the Motor Vehicle Ad Valorem Tax Reduction Fund.
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Redirects additional fees from distinctive university license tags, Ducks Unlimited tags, and Rebuild the Coast.org tags from the State General Fund to the Motor Vehicle Ad Valorem Tax Reduction Fund.
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Eliminates State General Fund deposits from various other distinctive license tag fees (amateur radio, antique vehicles, personalized tags, firefighter, law enforcement, legislative, Pearl Harbor, street rod, and historical plates).
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Changes the Department of Revenue License Tag Acquisition Fund so unexpended amounts above $500,000 lapse to the Motor Vehicle Ad Valorem Tax Reduction Fund instead of the State General Fund.
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Reduces various registration and tag fees (antique vehicles from $25.00 to $1.25, personalized tags from $30.00 to $13.75, firefighter tags from $50.00 to $43.00, and others).
Legislative Description
Motor vehicle tags; remove portion of fees deposited to State General Fund, or rededicate to Ad Valorem Tax Reduction Fund.
Last Action
Died In Committee
2/1/2022