MT SB327

Annual registration fees for light vehicles reduced significantly: vehicles 4 years or less drop from $217 to $110, vehicles 5-10 years from $87 to $40, and vehicles 11+ years from $28 to $20

One-time registration fee for permanent registration of light vehicles 11+ years old reduced from $87.50 to $75

Trailer, semitrailer, and pole trailer registration fees simplified to flat rates of $75 (one-time) and $50 (annual) regardless of weight, replacing the previous weight-based fee structure

Fund transfer percentages from motor vehicle revenue to certain programs doubled: motor vehicle recycling program increases from 1.48% to 3%, noxious weed account from 1.50% to 3%, veterans' accounts from 0.81% to 1.62%, and search and rescue from 0.04% to 0.08%

Minimum entitlement share growth rate for local government payments set at 1.024 (2.4%) for fiscal years 2028-2030, ensuring stable funding to counties, cities, and towns despite reduced registration fees