Lawmakers Looking To Halt Vehicle Registration Fee For One Year
While some Tennessee lawmakers are pushing the governor to press the pause button on Tennessee’s gas tax for a few months…there is an amendment to a current bill that would also help Tennesseans keep at least a little more of their money. An amendment to house bill 2640 would waive the fees for motorcycles, autocycles and passenger vehicles for one year. The reduction would only apply to the state registration fee. Any fees for a specialty license plate and local fees, like a wheel tax, would still apply. Currently the state receives $23.75 per motor vehicle or motor home registered and $16.75 for each motorcycle and autocycle registered. Lawmakers estimate the decrease in revenue for the state would be over $120 million. The bill now goes to the House Finance, Ways, and Means Committee for consideration. A companion bill in the Senate is also scheduled to be heard by the Senate Finance, Ways, and Means Committee. If passed the waiving of state fees for motor vehicle registration for non-commercial vehicles for one year would begin on July 1.