VANITY PLATE FEES                                                                    H.B. 5265: FLOOR ANALYSIS

House Bill 5265 (as reported without amendment) Sponsor: Representative Terry London

House Committee: Transportation

Senate Committee: Transportation and Tourism

CONTENT

The bill would amend the Michigan Vehicle Code to decrease the service fee for the renewal of a personalized registration plate from $25 to $15.

MCL 257.803b                                                                               Legislative Analyst: S. Margules

FISCAL IMPACT

The bill would result in an annual loss to the Michigan Transportation Fund (MTF) of approximately $210,000. Based on the current formula for the distribution of MTF revenue contained in Public Act 51 of 1951, the loss would be distributed as follows:

Comprehensive Transportation	$21,000
State Trunkline	73,900
County Road Commissions	73,900
Cities and Villages	41,200

Date Completed: 2-29-96                                                                   Fiscal Analyst: B. Bowerman

floor\hb5265

This analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent.